- Which bank has lowest interest rate for personal loan?
- How much personal loan can I get if my salary is 30000?
- Can I get personal loan of 20 lakhs?
- How much loan can I get if my salary is 15000?
- What is HDFC personal loan interest rate?
- What is the monthly payment on a $10000 loan?
- Which bank personal loan is best?
- How is interest calculated on a loan?
- What is SBI personal loan interest rate?
- What is a good interest rate on a personal loan?
- What is the EMI for 20 lakhs personal loan?

## Which bank has lowest interest rate for personal loan?

Top 10 Banks in India Offering Lowest Personal Loan Interest RatesBanksInterest Rate (p.a.)EMI/1 lakh for 1 YearPunjab National Bank8.95% onwards8743Indian Bank9.05% onwards8747Bank of India9.35% onwards8761IDBI Bank9.50% onwards8,7686 more rows•Mar 25, 2021.

## How much personal loan can I get if my salary is 30000?

For example, if you are wondering how much personal loan can I get on a 30,000 salary….Multiplier Method.SalaryExpected Personal Loan AmountRs. 30,000Rs. 8.10 lakhsRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhsRs. 60,000Rs. 16.20 lakhs1 more row•Apr 8, 2020

## Can I get personal loan of 20 lakhs?

Take note of the personal loan eligibility criteria mentioned below before applying….Eligibility Criteria for Rs. 20 Lakh Personal Loan.Eligibility CriteriaRequirementsOccupationSalaried or self-employedAgeBetween 23 and 55 yearsNationalityResiding Indian citizenCIBIL score750 and above

## How much loan can I get if my salary is 15000?

HDB Financial Services offers personal loans of up to Rs. 20 lakh to individuals who earn a minimum income of Rs. 15,000.

## What is HDFC personal loan interest rate?

HDFC Bank Personal loan Interest Rates 2021Interest RatesPre Payment ChargesProcessing Fees10.75% – 17.5%Upto 4.00%Upto Rs.3999/- + GST1 more row

## What is the monthly payment on a $10000 loan?

In another scenario, the $10,000 loan balance and five-year loan term stay the same, but the APR is adjusted, resulting in a change in the monthly loan payment amount….How your loan term and APR affect personal loan payments.Your payments on a $10,000 personal loanMonthly payments$201$379Interest paid$2,060$12,7125 more rows

## Which bank personal loan is best?

Comparison of Best Personal Loan Providers in IndiaName of the LenderLoan AmountInterest Rate (p.a.)State Bank of India (SBI)Up to Rs. 20 lakh.9.60% onwardsHDFC BankUp to Rs. 40 lakh.10.75% onwardsICICI BankUp to Rs. 20 lakh.11.25% onwardsAxis BankUp to Rs. 15 lakh.12% onwards4 more rows•Nov 19, 2020

## How is interest calculated on a loan?

Simple interest Calculation: You can calculate your total interest by using this formula: Principal Loan Amount x Interest Rate x Time (aka Number of Years in Term) = Interest.

## What is SBI personal loan interest rate?

9.60%Comparison of SBI PL VS Other LendersParticularsSBIAxis BankInterest Rate9.60% onwards12% to 24%Tenure6 to 72 months12 to 60 monthsLoan amountMax. Rs. 20 lakhMin. Rs. 50,000/Max. Rs. 15 lakhProcessing FeeUpto 1.50% of the loan amount2% of loan principal + GST

## What is a good interest rate on a personal loan?

The interest rate of a personal loan is the percentage of the loan principal that lenders charge for borrowers to access the loan funds. On average, personal loan interest rates range from 10% to 28%, but this varies based on inflation, the current demand for credit and other economic factors.

## What is the EMI for 20 lakhs personal loan?

Formula of Calculation of EMILoan amountInterest RateEMI per month5 Lakh8.35%Rs. 6,15910 Lakh8.50%Rs. 9,84715 Lakh8.60%Rs. 13,11220 Lakh8.70%Rs. 17,610