EMI: ₹13,058/month at 10.8%. Min income: ₹27,783/month.
A ₹4 Lakh personal loan from Union Bank at 10.8% interest for 3 years will cost you ₹13,058 per month as EMI. You will pay a total interest of ₹70,088 over the loan tenure. The minimum monthly income needed is ₹27,783 (assuming no existing EMIs).
Union Bank Personal Loan EMI for ₹4 Lakh at 10.8% for 3 years is ₹13,058 per month.
You need a minimum monthly income of ₹27,783 for a ₹4 Lakh personal loan from Union Bank (at 10.8% rate, assuming no existing EMIs).
The total interest payable on ₹4 Lakh personal loan from Union Bank at 10.8% for 3 years is ₹70,088.
Union Bank charges a processing fee of 1% of loan amount + GST for Personal Loan.
Union Bank Personal Loan prepayment policy: 3% of outstanding.