Monthly EMI: ₹55,611 at 12% for 5 years. Total interest: ₹8,36,660.
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With a ₹25 Lakh business loan from Federal Bank at 12% for 5 years, you will pay a monthly EMI of ₹55,611. The total amount payable is ₹33,36,660, of which ₹8,36,660 is interest.
At 12% interest rate for 5 years, the EMI for ₹25 Lakh Business Loan from Federal Bank is ₹55,611 per month. Total interest payable: ₹8,36,660.
Federal Bank offers Business Loan at 12.00 - 16.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹25 Lakh at 12% for 5 years, you would pay approximately ₹8,36,660 as total interest, making the total repayment ₹33,36,660.
Federal Bank's prepayment policy for Business Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Federal Bank offers competitive rates starting from 12.00 - 16.50% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹25 Lakh business loan.