Monthly EMI: ₹9,843 at 11.15% for 3 years. Total interest: ₹54,348.
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With a ₹3 Lakh personal loan from SBI at 11.15% for 3 years, you will pay a monthly EMI of ₹9,843. The total amount payable is ₹3,54,348, of which ₹54,348 is interest.
At 11.15% interest rate for 3 years, the EMI for ₹3 Lakh Personal Loan from SBI is ₹9,843 per month. Total interest payable: ₹54,348.
SBI offers Personal Loan at 11.15 - 14.30% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 11.15% for 3 years, you would pay approximately ₹54,348 as total interest, making the total repayment ₹3,54,348.
SBI's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.
SBI offers competitive rates starting from 11.15 - 14.30% with tenure up to 6 years. Compare with other banks on this page to find the best option for your ₹3 Lakh personal loan.