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What is the interest on 5 lakhs?

What is the interest on 5 lakhs?

Monthly Payout

Investment amount Monthly interest Cumulative interest for 5 years
5 lakh Rs.2,629 Rs. 185,043
10 lakh Rs.5,258 Rs.3,70,087
15 lakh Rs. 7,887 Rs.5,55,130
20 lakh Rs. 10, 517 Rs. 7,40,173

How much EMI can I get for 5 lakhs?

Calculated Monthly EMI for 5 Lakh of loan amount for 3 years at various rate of Interest:

Loan Amount Rate of Interest Per Month EMI
5 Lakh 15.00\% Rs.17332.66
5 Lakh 16.00\% Rs.17578.52
5 Lakh 18.00\% Rs.18076.2
5 Lakh 20.00\% Rs.18581.79

Which bank can provide loan?

Comparison of Best Personal Loan Providers in India

Lender Interest Rate (p.a.) Processing Fee
HDFC Bank 10.25\% – 21\% Up to 2.5\% (Maximum Rs. 25,000)
Kotak Mahindra Bank 10.25\% onwards Up to 2.5\%
Federal Bank 10.49\% – 17.99\% Up to 3\%
IDFC FIRST Bank 10.49\% onwards Up to 3.5\% (Minimum Rs. 2,999)**
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How do you write 5 lakhs in numbers?

In the abbreviated form, usage such as “₹5L” or “₹5 lac” (for “5 lakh rupees”) is common. In this system of numeration, 100 lakh is called one crore and is equal to 10 million.

How do you write 5 lakhs in a Cheque?

For 5,00,000 Rs write it as Five Lakh Rupees Only. For 10,00,000 Rs write it as Ten Lakh Rupees Only. Which one is correct Lakh or Lac? In general, you can use any spelling, but when you are writing a cheque or any financial related document then write as Lakh.

How many dollars is 5 lakhs?

Convert Indian Rupee to US Dollar

INR USD
1,000 INR 13.1513 USD
5,000 INR 65.7565 USD
10,000 INR 131.513 USD
50,000 INR 657.565 USD