Home › Personal Loan › Union Bank of India › ₹5 lakh for 3 years
Union Bank of India ₹5 lakh Personal Loan EMI for 3 Years
At the advertised starting rate of 9.3%, the EMI is about ₹15,970 a month, with total interest of about ₹74,912.
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) | ₹15,970 | ₹74,912 | ₹5,74,912 |
| 9.8% | ₹16,087 | ₹79,121 | ₹5,79,121 |
| 10.3% | ₹16,204 | ₹83,348 | ₹5,83,348 |
| 10.8% | ₹16,322 | ₹87,594 | ₹5,87,594 |
| 11.3% | ₹16,440 | ₹91,857 | ₹5,91,857 |
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 | ₹1,51,486 | ₹40,151 | ₹1,91,637 | ₹3,48,514 |
| Year 2 | ₹1,66,191 | ₹25,446 | ₹1,91,637 | ₹1,82,323 |
| Year 3 | ₹1,82,323 | ₹9,314 | ₹1,91,637 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 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 ₹15,970 a month. If your offered rate is 10.3% it would be about ₹16,204.
How much total interest will I pay?
At 9.3% the total interest over 3 years is about ₹74,912, so you repay about ₹5,74,912 in all.