EMI: ₹16,998/month at 10%. Min income: ₹30,906/month.
A ₹8 Lakh car loan from Bandhan Bank at 10% interest for 5 years will cost you ₹16,998 per month as EMI. You will pay a total interest of ₹2,19,880 over the loan tenure. The minimum monthly income needed is ₹30,906 (assuming no existing EMIs).
Bandhan Bank Car Loan EMI for ₹8 Lakh at 10% for 5 years is ₹16,998 per month.
You need a minimum monthly income of ₹30,906 for a ₹8 Lakh car loan from Bandhan Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹8 Lakh car loan from Bandhan Bank at 10% for 5 years is ₹2,19,880.
Bandhan Bank charges a processing fee of 1% + GST for Car Loan.
Bandhan Bank Car Loan prepayment policy: 4% of outstanding.