Union Bank Personal Loan EMI Calculator (2026) – Free Online Tool
📈 Union Bank Rate: 11.35% – 15.5% p.a. (2026)
Union Bank Personal Loan EMI Calculator
Loan Amount ₹5,00,000
Interest Rate (% p.a.) 11.35%
Loan Tenure (Years) 5 Years
Your Monthly EMI
Calculating…
Principal Amount–
Total Interest Payable–
Total Amount Payable–
Enter loan details and click Calculate EMI.
Principal vs Interest Breakdown
Principal
Interest
EMI Breakdown Table – Year-wise Amortization Schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Closing Balance | P vs I Split |
|---|
How to Use Union Bank EMI Calculator
The Union Bank Personal Loan EMI Calculator helps you calculate your exact monthly EMI instantly. Enter 3 values and get results in seconds:
- Enter your Loan Amount (₹50,000 to ₹40,00,000)
- Set the Interest Rate — Union Bank offers 11.35% – 15.5% p.a.
- Choose Loan Tenure — 1 to 5 years
- Click Calculate EMI — get instant results with chart
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
Union Bank Personal Loan Interest Rates 2026
Union Bank offers personal loan interest rates from 11.35% – 15.5% p.a. in 2026. Rates depend on your credit score and income:
| Credit Score | Interest Rate (p.a.) | Max Loan Amount | Max Tenure |
|---|---|---|---|
| 750+ | 11.35% – 12% | ₹15 Lakhs | 5 Years |
| 700–749 | 12% – 13.5% | ₹10 Lakhs | 5 Years |
| 650–699 | 13.5% – 14.5% | ₹7 Lakhs | 4 Years |
| Below 650 | 14.5% – 15.5% | ₹3 Lakhs | 3 Years |
*Rates are indicative. Contact Union Bank for exact rates applicable to your profile.
Union Bank Personal Loan EMI Examples (2026)
Ready EMI calculations for common loan amounts at Union Bank:
| Loan Amount | Interest Rate | Tenure | Monthly EMI | Total Interest |
|---|---|---|---|---|
| ₹1,00,000 | 11.35% | 2 years | ₹4,677 | ₹12,248 |
| ₹2,00,000 | 11.35% | 3 years | ₹6,570 | ₹36,520 |
| ₹5,00,000 | 11.35% | 5 years | ₹10,944 | ₹1,56,640 |
| ₹10,00,000 | 12% | 5 years | ₹22,244 | ₹3,34,640 |
| ₹15,00,000 | 13% | 5 years | ₹34,128 | ₹5,47,680 |
Union Bank Personal Loan Eligibility Criteria
For Salaried Employees
- Age: 21 to 60 years
- Minimum salary: ₹15,000/month
- Employment: Minimum 1 year
- Credit score: 700+ preferred
- Documents: Salary slips, bank statements, PAN, Aadhaar
For Self-Employed
- Age: 21 to 65 years
- Business vintage: Min 2 years
- ITR: Last 2 years required
- Credit score: 720+ preferred
- Documents: ITR, P&L statement, bank statements
Frequently Asked Questions – Union Bank Personal Loan EMI
What is Union Bank personal loan interest rate in 2026?
Union Bank of India personal loan interest rate ranges from 11.35% to 15.5% per annum in 2026.
What is maximum loan amount for Union Bank personal loan?
Union Bank offers personal loans up to ₹15 lakhs.
Does Union Bank offer personal loan for pensioners?
Yes, Union Bank has special personal loan schemes for pensioners maintaining pension accounts.
What is Union Bank personal loan processing fee?
Union Bank charges processing fee of 1% of loan amount plus applicable GST.
How to track Union Bank personal loan application?
Track through their internet banking portal or by contacting customer care.