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Union Bank of India ₹2 lakh Personal Loan EMI for 2 Years
At the advertised starting rate of 9.3%, the EMI is about ₹9,165 a month, with total interest of about ₹19,948.
Source: Union 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 |
|---|---|---|---|
| 9.3% (starting) | ₹9,165 | ₹19,948 | ₹2,19,948 |
| 9.8% | ₹9,211 | ₹21,053 | ₹2,21,053 |
| 10.3% | ₹9,257 | ₹22,161 | ₹2,22,161 |
| 10.8% | ₹9,303 | ₹23,272 | ₹2,23,272 |
| 11.3% | ₹9,349 | ₹24,387 | ₹2,24,387 |
Year-by-year repayment schedule at 9.3%
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 | ₹95,371 | ₹14,603 | ₹1,09,974 | ₹1,04,629 |
| Year 2 | ₹1,04,629 | ₹5,345 | ₹1,09,974 | ₹0 |
Frequently asked questions
What is the EMI for a ₹2 lakh Union Bank of India personal loan for 2 years?
At Union Bank of India's starting rate of 9.3% the EMI is about ₹9,165 a month. If your offered rate is 10.3% it would be about ₹9,257.
How much total interest will I pay?
At 9.3% the total interest over 2 years is about ₹19,948, so you repay about ₹2,19,948 in all.