1 lakh Personal loan – Check EMI, Interest Rates, Apply Online
Looking for 1 lakh of personal loan. Want to calculate emi for loan amount. So check the offers from HDFC Bank, SBI, ICICI Bank, Kotak, Axis Bank, INg Vysya Bank, SMFG India online at deal4loans.
Calculated Monthly EMI for 1 lac of loan amount for 3 years @ 14.00% rate of interest is – Rs. 3417.76
Apply for Personal Loan
Calculate EMI with Calculator for 1 lakh of loan for 3 years
|
|
1 Lakh Personal Loan Interest Rates 2024
| Banks | Interest Rates |
| HDFC Bank | 10.99 – 20.75% |
| ICICI Bank | 11.70 – 18.85% |
| Bajaj Finserv | 11.99 – 16.00% |
| SMFG India | 14.00 – 33.00% |
| Kotak Mahindra | 11.50 – 20.00% |
| IndusInd Bank | 12.99 – 17.00% |
| Standard Chartered | 10.99 – 14.49% |
Processing Fees / Prepayment Charges
| Banks | Processing Fee | Pre Payment Charges |
| Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
| ICICI Bank | 1999 to 2.50% | Zero or 5.00% |
| Axis Bank | 2.00% | Nil |
| Kotak | 1.5 – 2.00% | 5.00% |
| HDFC Bank | 0.8% – 2.00% | 4.00% |
| SMFG India | 2.00% | Upto 7.00%, 0% after 3 year |
| Standard Chartered |
NIL (Zero) | Upto 2.00% of loan amount |
Yearly Calculated Values for Rs.1 lac Loan for 3 Years at 14.00% rate of interest:
| Year | Principal | Interest | Balance Amount |
| 1 | Rs. 28,819 | Rs. 12,197 | Rs. 71,181 |
| 2 | Rs. 33,122 | Rs. 7,894 | Rs. 38,059 |
| 3 | Rs. 38,098 | Rs. 2,946 | Rs. 0 |
