EMI: ₹11,764/month at 14.5%. Min income: ₹29,410/month.
A ₹5 Lakh business loan from Bandhan Bank at 14.5% interest for 5 years will cost you ₹11,764 per month as EMI. You will pay a total interest of ₹2,05,840 over the loan tenure. The minimum monthly income needed is ₹29,410 (assuming no existing EMIs).
Bandhan Bank Business Loan EMI for ₹5 Lakh at 14.5% for 5 years is ₹11,764 per month.
You need a minimum monthly income of ₹29,410 for a ₹5 Lakh business loan from Bandhan Bank (at 14.5% rate, assuming no existing EMIs).
The total interest payable on ₹5 Lakh business loan from Bandhan Bank at 14.5% for 5 years is ₹2,05,840.
Bandhan Bank charges a processing fee of 2% + GST for Business Loan.
Bandhan Bank Business Loan prepayment policy: 4% of outstanding.