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Indian Bank ₹10 lakh Personal Loan EMI for 5 Years
At the advertised starting rate of 9.9%, the EMI is about ₹21,198 a month, with total interest of about ₹2,71,872.
Source: Indian Bank 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 |
|---|---|---|---|
| 9.9% (starting) | ₹21,198 | ₹2,71,872 | ₹12,71,872 |
| 10.4% | ₹21,444 | ₹2,86,664 | ₹12,86,664 |
| 10.9% | ₹21,693 | ₹3,01,555 | ₹13,01,555 |
| 11.4% | ₹21,942 | ₹3,16,546 | ₹13,16,546 |
| 11.9% | ₹22,194 | ₹3,31,637 | ₹13,31,637 |
Year-by-year repayment schedule at 9.9%
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 | ₹1,62,622 | ₹91,752 | ₹2,54,374 | ₹8,37,378 |
| Year 2 | ₹1,79,473 | ₹74,902 | ₹2,54,374 | ₹6,57,905 |
| Year 3 | ₹1,98,069 | ₹56,305 | ₹2,54,374 | ₹4,59,836 |
| Year 4 | ₹2,18,593 | ₹35,782 | ₹2,54,374 | ₹2,41,243 |
| Year 5 | ₹2,41,243 | ₹13,131 | ₹2,54,374 | ₹0 |
Frequently asked questions
What is the EMI for a ₹10 lakh Indian Bank personal loan for 5 years?
At Indian Bank's starting rate of 9.9% the EMI is about ₹21,198 a month. If your offered rate is 10.9% it would be about ₹21,693.
How much total interest will I pay?
At 9.9% the total interest over 5 years is about ₹2,71,872, so you repay about ₹12,71,872 in all.