If you take a personal loan of Rs 10 lakh for 5 years from SBI, what will be the EMI – India TV Hindi

SBI is offering interest rates ranging from 11.15 percent to 14.30 percent on personal loans to customers.

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If you have a salary account with SBI, you will get an interest rate of between 11.15 to 11.65 percent on a personal loan.

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If you take a personal loan of Rs 10 lakh for 5 years from SBI at 11.15% rate, the monthly EMI will be Rs 21,817.

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In this personal loan you have to pay a total interest of Rs 3,09,038.

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Whereas, if you take a personal loan of Rs 5 lakh from SBI at 11.15% for 5 years, the monthly EMI will be Rs 10,909.

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In this personal loan, you have to pay a total interest of Rs 1,54,519 in 5 years.

Image source: pixabay

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