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Union Bank Personal Loan EMI for ₹15 Lakh

Monthly EMI: ₹48,966 at 10.8% for 3 years. Total interest: ₹2,62,776.

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Union Bank Personal Loan for ₹15 Lakh — Key Details

Interest Rate
10.80 - 14.50% p.a.
Max Tenure
5 Years
Processing Fee
1% of loan amount + GST
Prepayment Charges
3% of outstanding

With a ₹15 Lakh personal loan from Union Bank at 10.8% for 3 years, you will pay a monthly EMI of ₹48,966. The total amount payable is ₹17,62,776, of which ₹2,62,776 is interest.

Frequently Asked Questions

What is Union Bank Personal Loan EMI for ₹15 Lakh?

At 10.8% interest rate for 3 years, the EMI for ₹15 Lakh Personal Loan from Union Bank is ₹48,966 per month. Total interest payable: ₹2,62,776.

What is Union Bank Personal Loan interest rate for ₹15 Lakh?

Union Bank offers Personal Loan at 10.80 - 14.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹15 Lakh Personal Loan from Union Bank?

For ₹15 Lakh at 10.8% for 3 years, you would pay approximately ₹2,62,776 as total interest, making the total repayment ₹17,62,776.

Can I prepay my Union Bank Personal Loan of ₹15 Lakh?

Union Bank's prepayment policy for Personal Loan: 3% of outstanding. Making prepayments can significantly reduce your total interest outgo.

Is ₹15 Lakh Personal Loan from Union Bank a good option?

Union Bank offers competitive rates starting from 10.80 - 14.50% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹15 Lakh personal loan.