Home › Personal Loan › Bank of Baroda › ₹5 lakh for 2 years
Bank of Baroda ₹5 lakh Personal Loan EMI for 2 Years
At the advertised starting rate of 10.9%, the EMI is about ₹23,281 a month, with total interest of about ₹58,737.
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) | ₹23,281 | ₹58,737 | ₹5,58,737 |
| 11.4% | ₹23,397 | ₹61,525 | ₹5,61,525 |
| 11.9% | ₹23,513 | ₹64,321 | ₹5,64,321 |
| 12.4% | ₹23,630 | ₹67,126 | ₹5,67,126 |
| 12.9% | ₹23,747 | ₹69,938 | ₹5,69,938 |
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 | ₹2,36,450 | ₹42,919 | ₹2,79,369 | ₹2,63,550 |
| Year 2 | ₹2,63,550 | ₹15,818 | ₹2,79,369 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 lakh Bank of Baroda personal loan for 2 years?
At Bank of Baroda's starting rate of 10.9% the EMI is about ₹23,281 a month. If your offered rate is 11.9% it would be about ₹23,513.
How much total interest will I pay?
At 10.9% the total interest over 2 years is about ₹58,737, so you repay about ₹5,58,737 in all.