Personal Loan: Lowest EMI for Rs 5 Lakh? Compare Banks & Save!

• Personal loan process is now faster, with banks disbursing loans in minutes.
• Mahindra Finance offers the lowest interest rate at 8.00% with an EMI of Rs 10,134 for a Rs 5 lakh loan over 5 years.
• Union Bank of India and Bank of Maharashtra offer 8.75% interest, resulting in an EMI of approximately Rs 10,431.
• Canara Bank has a competitive interest rate of 9.70% and the lowest processing fee of Rs 2,500.
• Consider interest rates, processing fees, eligibility, and repayment flexibility before choosing a personal loan.