Calculated Monthly EMI for 400000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 4 Lakh | 15.00% | Rs.13866.13 |
| 4 Lakh | 16.00% | Rs.14062.81 |
| 4 Lakh | 18.00% | Rs.14460.96 |
| 4 Lakh | 20.00% | Rs.14865.43 |
Simply so, can I get personal loan from Canara Bank?
Canara Bank offers personal loans of up to Rs. 3 lakh under the Canara Budget and Canara Teachers Loan schemes. The loans can be availed at interest rates starting at 12.05% p.a. with nominal processing fee. Loan repayment tenure can go up to 5 years.
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 5 Lakh | 15.00% | Rs.17332.66 |
| 5 Lakh | 16.00% | Rs.17578.52 |
| 5 Lakh | 18.00% | Rs.18076.2 |
| 5 Lakh | 20.00% | Rs.18581.79 |
In this regard, how much loan can I get on 30000 salary?
For example, if you are wondering how much personal loan can I get on a 30,000 salary. If you have no other EMIs, you can multiply your monthly salary by 27 to get the maximum loan amount you would be eligible for. In this case, it would be ₹8,10,000 with a tenure of 60 months.
How much loan I can get if my salary is 25000?
25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
Is Syndicate Bank government or private?
Syndicate Bank is one of the Public Sector Bank in India. Public Sector Banks are those banks where government share holding is 51% or more. As on 30.06. 2018, government share holding in Syndicate Bank is 73.07%.
What is EMI per lakh for personal loan?
Factors Affecting Personal loan EMI
| Loan Tenure | 2 years | 3 years |
|---|---|---|
| EMI amount for loan amount ₹ 1 Lakh at 10.25% | ₹ 4,626 | ₹ 3,238 |
| Total amount you pay back to the bank including principal and interest | ₹ 1.22 Lakh | ₹ 1.35 Lakh |
| Interest you have to pay over loan tenure | ₹ 22,436 | ₹ 35,476 |
What is the EMI for 10 lakhs loan?
EMI Calculation for 10 Lakh Home Loan amount for Various Tenure Options:
| Tenure Options | EMI Per Month |
|---|---|
| 5 Years | Rs.19707 |
| 10 Years | Rs.11508 |
| 15 Years | Rs.8877 |
| 20 Years | Rs.7633 |
What is the EMI for 20 lakhs personal loan?
How to Calculate EMI for 20 Lakh Personal Loan?
| Loan Amount (Rs.) | Interest Rate (p.a.) | Monthly EMI Payout (Rs.) |
|---|---|---|
| 20 lakh | 12.00% | 1,77,698 |
| 20 lakh | 13.00% | 1,78,635 |
| 20 lakh | 15.00% | 1,80,517 |
| 20 lakh | 20.00% | 1,85,269 |
What is the EMI for 25 Lacs?
Current EMI for ₹ 25 Lakh loan is ₹ 15,802, and EMI for ₹ 30 Lakh loan is ₹ 18,962 for a 30 year loan at the minimum interest rate.
What is the formula to calculate EMI?
How is EMI calculated? The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/((1 + r)n – 1) where P= Loan amount, r= interest rate, n=tenure in number of months.
What is the interest rate for 2 lakh loan?
Calculated Monthly EMI for 2 lakh of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 2 lakh | 15.00% | Rs. 6,933 |
| 2 lakh | 16.00% | Rs. 7,031 |
| 2 lakh | 18.00% | Rs. 7,230 |
| 2 lakh | 20.00% | Rs. 7,433 |
What is the minimum balance of Syndicate Bank?
Syndicate Bank Savings Account Minimum Balance Requirements
| Type of Savings Account | Average Monthly Balance Requirement |
|---|---|
| SyndSamanya Savings Account | No minimum balance |
| Premium Savings Account | Rs. 10, 000 |
| Special Premium Savings Account | Rs. 20, 000 |
What is the rate of interest for personal loan in Syndicate Bank?
Syndicate Bank offers you personal loans carrying interest rates starting at
| Particulars | Details |
|---|---|
| Interest Rate | 13.25% to 13.45% p.a. |
| Processing Fee | 0.50% of the loan amount (min. Rs.500) |
| Loan Tenure | Up to 60 months (5 years) |
What will be the EMI for 7 lakhs personal loan?
Personal Loan EMI Details for INR 7 Lakhs Loan Amount
| Loan Amount (In ₹) | Interest Rate (in % per annum) | Monthly Installments (EMI In ₹) |
|---|---|---|
| 7,00,000 | 10.75 | 32544 |
| 7,00,000 | 10.75 | 22834 |
| 7,00,000 | 10.75 | 18007 |
| 7,00,000 | 10.75 | 15133 |