The monthly interest on a loan of 1 million yuan will be different due to the loan approach, loan type, loan term, repayment method and other factors. Assuming that the monthly interest rate of the loan is 1%, the monthly interest is 1 million * 1% = 1,. If you need to know the actual bank loan interest, it is recommended to consult the local banking institution. These interest rates will be different for different banks and loan types, so when applying for loans, it is best to consult the specific banks for the latest loan interest rates.