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Bank of Baroda ₹2 lakh Personal Loan EMI for 3 Years
At the advertised starting rate of 10.9%, the EMI is about ₹6,538 a month, with total interest of about ₹35,378.
Source: Bank of Baroda official page, checked 2 November 2026.
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 10.9% (starting) | ₹6,538 | ₹35,378 | ₹2,35,378 |
| 11.4% | ₹6,586 | ₹37,085 | ₹2,37,085 |
| 11.9% | ₹6,633 | ₹38,799 | ₹2,38,799 |
| 12.4% | ₹6,681 | ₹40,521 | ₹2,40,521 |
| 12.9% | ₹6,729 | ₹42,250 | ₹2,42,250 |
Year-by-year repayment schedule at 10.9%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹59,577 | ₹18,882 | ₹78,459 | ₹1,40,423 |
| Year 2 | ₹66,406 | ₹12,054 | ₹78,459 | ₹74,017 |
| Year 3 | ₹74,017 | ₹4,443 | ₹78,459 | ₹0 |
Frequently asked questions
What is the EMI for a ₹2 lakh Bank of Baroda personal loan for 3 years?
At Bank of Baroda's starting rate of 10.9% the EMI is about ₹6,538 a month. If your offered rate is 11.9% it would be about ₹6,633.
How much total interest will I pay?
At 10.9% the total interest over 3 years is about ₹35,378, so you repay about ₹2,35,378 in all.