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On meeting the eligibility critieria, you will get an offer with the sanctioned amount, tenure of loan and interest rate.Once you accept the offer, funds are transferred to your bank account instantly. You can also submit the application form online in just a few clicks.
4 Lakh Personal Loan EMI for 5 Years Loan AmountTenure (years)EMI Amount₹ 4 Lakh1₹35,353₹ 4 Lakh3₹ 13,095₹ 4 Lakh5₹8,697₹ 4 Lakh10₹5,5101 more row
For Rs 10 lakh personal loan, the EMI amount for 1-year loan tenure at an 11.99% rate of interest per annum is ₹ 88,844. Similarly for two, three, four, and five years loan tenure are ₹47,069, ₹ 33,210, ₹ 26,329, and ₹ 22,239 respectively.
EMI for Personal Loan of Rs 2 lakh for Tenures of 1-5 years Loan Amount (Rs)Tenure (years)EMI (Rs)2 lakh29,3222 lakh36,5482 lakh45,1692 lakh54,3481 more row 5 days ago
₹10 Lakh Home Loan EMI Details Loan Amount (₹)Interest Rate (p.a.)EMI₹ 10,00,0008.45%₹ 12,372₹ 10,00,0008.45%₹ 9,818₹ 10,00,0008.45%₹ 8,647₹ 10,00,0008.45%₹ 7,6541 more row

People also ask

Calculating the monthly EMI for a ₹5 Lakh Personal Loan Loan AmountInterest RateTotal EMI Amount₹5 lakh10.50%Rs. 44,074₹5 lakh10.50%Rs. 23,188₹5 lakh10.50%Rs. 16,251₹5 lakh10.50%Rs. 12,802 Jun 16, 2023
For Rs 5 lakh personal loan, the EMI for 1-year loan tenure at an 11.99% rate of interest per annum is ₹ 44,442, 2-year tenure is ₹ 23,534, 3-year tenure is ₹ 16,605, 4-year tenure is ₹ 13,164 and 5-year tenure is ₹11,120.
You can check SBI personal loan eligibility via SMS and Internet Banking. You will have to type PAPL Last 4 digits of your bank account and send SMS on 567676 from your registered mobile number to check if you are eligible. Another way to find out your eligibility is via internet banking.

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