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Comparing Personal Loan Interest Rates: Find the Best Deals from ICICI Bank, Union Bank of India, and Bank of India

Personal loans are offered by almost every bank, but their interest rates vary. In such a situation, if you want to take a personal loan for any of your work, then let us tell you that different banks offer different interest rates.

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For information, let us tell you that interest rates differ depending on the bank and credit score. Here we have made a list of some banks. Let us know about them.

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ICICI Bank

  • ICICI Bank gives 1 lakh loan to its customers for a tenure of 5 years, on which interest can range from 10.75 percent to 19 percent.
  • That means every month you may have to pay EMI ranging from Rs 2162 to Rs 2594. ICICI Bank charges up to 2.5 percent of the loan as processing fee.

Union Bank of India

  • Union Bank of India gives 1 lakh loan to its customers for a tenure of 5 years, on which you get 9.3 percent to 13.4 percent interest rate.
  • In this loan you may have to pay EMI ranging from Rs 2090 to Rs 2296. Union Bank of India charges a processing fee of 0.5 percent of the loan amount.

Bank of India

  • This bank gives a personal loan of Rs 1 lakh for 5 years, on which the interest rate ranges from 10.35 percent to 14.85 percent.
  • In this you may have to pay EMI ranging from Rs 2142 to Rs 2371 and the processing fee is 2 percent.

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