Monthly EMI: ₹33,214 at 12% for 3 years. Total interest: ₹1,95,704.
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With a ₹10 Lakh personal loan from L&T Finance at 12% for 3 years, you will pay a monthly EMI of ₹33,214. The total amount payable is ₹11,95,704, of which ₹1,95,704 is interest.
At 12% interest rate for 3 years, the EMI for ₹10 Lakh Personal Loan from L&T Finance is ₹33,214 per month. Total interest payable: ₹1,95,704.
L&T Finance offers Personal Loan at 12.00 - 28.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹10 Lakh at 12% for 3 years, you would pay approximately ₹1,95,704 as total interest, making the total repayment ₹11,95,704.
L&T Finance's prepayment policy for Personal Loan: 5% of outstanding. Making prepayments can significantly reduce your total interest outgo.
L&T Finance offers competitive rates starting from 12.00 - 28.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹10 Lakh personal loan.