Personal Loan Details: No one can need money at any time. In such a situation, every person must keep an emergency fund, but some people do not understand its importance. In such a situation, it becomes very difficult to arrange money.
Many people choose to take a personal loan from the bank under such circumstances, but let us tell you that personal loan is one of the most expensive loans. Its interest rates are generally higher than other loans.
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If you are also planning to take a personal loan from the bank to meet your needs, then choose a bank that offers you a loan at a low interest rate. Today we will give you information about the personal loan of one of the biggest private banks in the country – Yes Bank -.
The characteristics of Yes Bank Personal Loan (Personal Loan Details)
Yes Bank provides personal loans to its customers at competitive interest rate. Its interest rates begin at 11.25%, which can change according to the loan amount and your CIBIL score.
How much will EMI be on 10 lakh rupees? (Personal Loan Details)
If you take a personal loan of Rs 10 lakh from Yes Bank for a period of 10 years and at 11.25% interest rate, then your monthly installment (EMI) will be around ₹ 13,917. Throughout this period, you will pay a total of ₹ 16,70,027 to the bank, which will include ₹ 6,70,027 only as interest.
