EMI: ₹1,685/month at 13%. Min income: ₹3,064/month.
A ₹50K bike loan from HDFC Bank at 13% interest for 3 years will cost you ₹1,685 per month as EMI. You will pay a total interest of ₹10,660 over the loan tenure. The minimum monthly income needed is ₹3,064 (assuming no existing EMIs).
HDFC Bank Bike Loan EMI for ₹50K at 13% for 3 years is ₹1,685 per month.
You need a minimum monthly income of ₹3,064 for a ₹50K bike loan from HDFC Bank (at 13% rate, assuming no existing EMIs).
The total interest payable on ₹50K bike loan from HDFC Bank at 13% for 3 years is ₹10,660.
HDFC Bank charges a processing fee of 2.50% of loan amount for Bike Loan.
HDFC Bank Bike Loan prepayment policy: Part prepayment after 6 months.