EMI: ₹4,961/month at 11.7%. Min income: ₹8,704/month.
A ₹1.5 Lakh bike loan from Bank of Baroda at 11.7% interest for 3 years will cost you ₹4,961 per month as EMI. You will pay a total interest of ₹28,596 over the loan tenure. The minimum monthly income needed is ₹8,704 (assuming no existing EMIs).
Bank of Baroda Bike Loan EMI for ₹1.5 Lakh at 11.7% for 3 years is ₹4,961 per month.
You need a minimum monthly income of ₹8,704 for a ₹1.5 Lakh bike loan from Bank of Baroda (at 11.7% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Lakh bike loan from Bank of Baroda at 11.7% for 3 years is ₹28,596.
Bank of Baroda charges a processing fee of ₹1,000 + GST for Bike Loan.
Bank of Baroda Bike Loan prepayment policy: Nil after 6 months.