Monthly EMI: ₹48,789 at 10.55% for 3 years. Total interest: ₹2,56,404.
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With a ₹15 Lakh personal loan from Canara Bank at 10.55% for 3 years, you will pay a monthly EMI of ₹48,789. The total amount payable is ₹17,56,404, of which ₹2,56,404 is interest.
At 10.55% interest rate for 3 years, the EMI for ₹15 Lakh Personal Loan from Canara Bank is ₹48,789 per month. Total interest payable: ₹2,56,404.
Canara Bank offers Personal Loan at 10.55 - 14.20% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹15 Lakh at 10.55% for 3 years, you would pay approximately ₹2,56,404 as total interest, making the total repayment ₹17,56,404.
Canara Bank's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Canara Bank offers competitive rates starting from 10.55 - 14.20% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹15 Lakh personal loan.