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Union Bank of India ₹5 lakh Personal Loan EMI for 2 Years
At the advertised starting rate of 9.3%, the EMI is about ₹22,911 a month, with total interest of about ₹49,870.
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) | ₹22,911 | ₹49,870 | ₹5,49,870 |
| 9.8% | ₹23,026 | ₹52,632 | ₹5,52,632 |
| 10.3% | ₹23,142 | ₹55,402 | ₹5,55,402 |
| 10.8% | ₹23,258 | ₹58,180 | ₹5,58,180 |
| 11.3% | ₹23,374 | ₹60,967 | ₹5,60,967 |
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 | ₹2,38,428 | ₹36,507 | ₹2,74,935 | ₹2,61,572 |
| Year 2 | ₹2,61,572 | ₹13,363 | ₹2,74,935 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 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 ₹22,911 a month. If your offered rate is 10.3% it would be about ₹23,142.
How much total interest will I pay?
At 9.3% the total interest over 2 years is about ₹49,870, so you repay about ₹5,49,870 in all.