EMI: ₹3,307/month at 11.7%. Min income: ₹5,802/month.
A ₹1 Lakh bike loan from Bank of Baroda at 11.7% interest for 3 years will cost you ₹3,307 per month as EMI. You will pay a total interest of ₹19,052 over the loan tenure. The minimum monthly income needed is ₹5,802 (assuming no existing EMIs).
Bank of Baroda Bike Loan EMI for ₹1 Lakh at 11.7% for 3 years is ₹3,307 per month.
You need a minimum monthly income of ₹5,802 for a ₹1 Lakh bike loan from Bank of Baroda (at 11.7% rate, assuming no existing EMIs).
The total interest payable on ₹1 Lakh bike loan from Bank of Baroda at 11.7% for 3 years is ₹19,052.
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.