Laxmi Sunrise Bank Personal Loan interest rate 2083
Laxmi Sunrise Bank's personal loan is priced at 5.94%–7.94% effective in Shrawan 2083: a 4.94% base rate plus a 1%–3% premium. That ranks 1st cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,305, plus a 1% processing fee.
- Effective rate
- 5.94% – 7.94%
- Base rate
- 4.94%
- Premium
- 1% – 3%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 1 / 13
- Rates effective
- Shrawan 2083
Effective from: 1 Shrawan 2083Source: www.laxmisunrise.com/rates/interest-rates/
Laxmi Sunrise Bank Personal Loan: effective rate 5.94%, EMI from Rs. 19,305 per month. Compare with 12 other banks.
Rate breakdown
Base rate
4.94%
Premium
1%–3%
Effective rate
5.94%–7.94%
Fixed
7.49%–10.99%
- Processing fee
- 1% (Min Rs. 1,000)
- Prepayment penalty
- 1.26%
- Fixed-rate terms
- Lifestyle/personal loans, tenure up to 15 years
- Loan amount
- Rs. 1 Lakh – Rs. 50 Lakh
- Tenure
- 12 – 60 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- No collateral for salaried
- Disbursement in 3 to 7 days
- Flexible use
Who is eligible
Salary account with the bank or salary certificate from a registered employer required.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
Laxmi Sunrise Bank Personal Loan FAQ
What is Laxmi Sunrise Bank's current Personal Loan interest rate?+
Laxmi Sunrise Bank's Personal Loan floating rate is base rate 4.94% plus a premium of 1% to 3%, giving 5.94% to 7.94% effective from Shrawan 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from Laxmi Sunrise Bank?+
At 5.94% over 60 months, the EMI is roughly Rs. 19,305. Use the calculator above to change the amount or tenure.
Can I prepay a Laxmi Sunrise Bank Personal Loan?+
Yes. The published prepayment charge is 1.26% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
