Home › Personal Loan › Union Bank of India › ₹2 lakh for 3 years
Union Bank of India ₹2 lakh Personal Loan EMI for 3 Years
At the advertised starting rate of 9.3%, the EMI is about ₹6,388 a month, with total interest of about ₹29,965.
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) | ₹6,388 | ₹29,965 | ₹2,29,965 |
| 9.8% | ₹6,435 | ₹31,648 | ₹2,31,648 |
| 10.3% | ₹6,482 | ₹33,339 | ₹2,33,339 |
| 10.8% | ₹6,529 | ₹35,037 | ₹2,35,037 |
| 11.3% | ₹6,576 | ₹36,743 | ₹2,36,743 |
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 | ₹60,595 | ₹16,060 | ₹76,655 | ₹1,39,405 |
| Year 2 | ₹66,476 | ₹10,179 | ₹76,655 | ₹72,929 |
| Year 3 | ₹72,929 | ₹3,726 | ₹76,655 | ₹0 |
Frequently asked questions
What is the EMI for a ₹2 lakh Union Bank of India personal loan for 3 years?
At Union Bank of India's starting rate of 9.3% the EMI is about ₹6,388 a month. If your offered rate is 10.3% it would be about ₹6,482.
How much total interest will I pay?
At 9.3% the total interest over 3 years is about ₹29,965, so you repay about ₹2,29,965 in all.