EMI: ₹21,247/month at 10%. Min income: ₹38,631/month.
A ₹10 Lakh car loan from Bandhan Bank at 10% interest for 5 years will cost you ₹21,247 per month as EMI. You will pay a total interest of ₹2,74,820 over the loan tenure. The minimum monthly income needed is ₹38,631 (assuming no existing EMIs).
Bandhan Bank Car Loan EMI for ₹10 Lakh at 10% for 5 years is ₹21,247 per month.
You need a minimum monthly income of ₹38,631 for a ₹10 Lakh car loan from Bandhan Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh car loan from Bandhan Bank at 10% for 5 years is ₹2,74,820.
Bandhan Bank charges a processing fee of 1% + GST for Car Loan.
Bandhan Bank Car Loan prepayment policy: 4% of outstanding.