EMI: ₹6,529/month at 10.8%. Min income: ₹13,892/month.
A ₹2 Lakh personal loan from Union Bank at 10.8% interest for 3 years will cost you ₹6,529 per month as EMI. You will pay a total interest of ₹35,044 over the loan tenure. The minimum monthly income needed is ₹13,892 (assuming no existing EMIs).
Union Bank Personal Loan EMI for ₹2 Lakh at 10.8% for 3 years is ₹6,529 per month.
You need a minimum monthly income of ₹13,892 for a ₹2 Lakh personal loan from Union Bank (at 10.8% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh personal loan from Union Bank at 10.8% for 3 years is ₹35,044.
Union Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
Union Bank Personal Loan prepayment policy: 3% of outstanding.