EMI: ₹9,843/month at 11.15%. Min income: ₹20,943/month.
A ₹3 Lakh personal loan from SBI at 11.15% interest for 3 years will cost you ₹9,843 per month as EMI. You will pay a total interest of ₹54,348 over the loan tenure. The minimum monthly income needed is ₹20,943 (assuming no existing EMIs).
SBI Personal Loan EMI for ₹3 Lakh at 11.15% for 3 years is ₹9,843 per month.
You need a minimum monthly income of ₹20,943 for a ₹3 Lakh personal loan from SBI (at 11.15% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh personal loan from SBI at 11.15% for 3 years is ₹54,348.
SBI charges a processing fee of 1.50% of loan amount + GST for Personal Loan.
SBI Personal Loan prepayment policy: 3% of outstanding.