EMI: ₹20,589/month at 8.65%. Min income: ₹36,122/month.
A ₹10 Lakh car loan from Bank of Baroda at 8.65% interest for 5 years will cost you ₹20,589 per month as EMI. You will pay a total interest of ₹2,35,340 over the loan tenure. The minimum monthly income needed is ₹36,122 (assuming no existing EMIs).
Bank of Baroda Car Loan EMI for ₹10 Lakh at 8.65% for 5 years is ₹20,589 per month.
You need a minimum monthly income of ₹36,122 for a ₹10 Lakh car loan from Bank of Baroda (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh car loan from Bank of Baroda at 8.65% for 5 years is ₹2,35,340.
Bank of Baroda charges a processing fee of ₹1,500 + GST for Car Loan.
Bank of Baroda Car Loan prepayment policy: Nil after 12 months for floating.