What are personal loan interest rates & EMIs on ₹1-lakh loan in India in Oct?
Interest rates on personal loans offered by prominent Indian banks in October range from 8.9% to 30.50%, Mint reported. For Axis Bank, the rate begins at 8.9%, translating to a ₹10,355 EMI on a ₹1-lakh loan with a five-year tenure. HDFC Bank and ICICI Bank's rates start at 9.99%, with EMIs of ₹10,621 on loans of similar size and tenure.
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