Monthly EMI: ₹63,338 at 9% for 10 years. Total interest: ₹26,00,560.
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With a ₹50 Lakh loan against property from Union Bank at 9% for 10 years, you will pay a monthly EMI of ₹63,338. The total amount payable is ₹76,00,560, of which ₹26,00,560 is interest.
At 9% interest rate for 10 years, the EMI for ₹50 Lakh Loan Against Property from Union Bank is ₹63,338 per month. Total interest payable: ₹26,00,560.
Union Bank offers Loan Against Property at 9.00 - 11.80% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹50 Lakh at 9% for 10 years, you would pay approximately ₹26,00,560 as total interest, making the total repayment ₹76,00,560.
Union Bank's prepayment policy for Loan Against Property: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Union Bank offers competitive rates starting from 9.00 - 11.80% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹50 Lakh loan against property.