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State Bank of India ₹5 lakh Personal Loan EMI for 3 Years
At the advertised starting rate of 10%, the EMI is about ₹16,134 a month, with total interest of about ₹80,809.
Source: State Bank of India 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% (starting) | ₹16,134 | ₹80,809 | ₹5,80,809 |
| 10.5% | ₹16,251 | ₹85,044 | ₹5,85,044 |
| 11% | ₹16,369 | ₹89,297 | ₹5,89,297 |
| 11.5% | ₹16,488 | ₹93,568 | ₹5,93,568 |
| 12% | ₹16,607 | ₹97,858 | ₹5,97,858 |
Year-by-year repayment schedule at 10%
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 | ₹1,50,371 | ₹43,232 | ₹1,93,603 | ₹3,49,629 |
| Year 2 | ₹1,66,117 | ₹27,486 | ₹1,93,603 | ₹1,83,512 |
| Year 3 | ₹1,83,512 | ₹10,091 | ₹1,93,603 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 lakh State Bank of India personal loan for 3 years?
At State Bank of India's starting rate of 10% the EMI is about ₹16,134 a month. If your offered rate is 11% it would be about ₹16,369.
How much total interest will I pay?
At 10% the total interest over 3 years is about ₹80,809, so you repay about ₹5,80,809 in all.