EMI: ₹4,875/month at 10.5%. Min income: ₹8,125/month.
A ₹1.5 Lakh bike loan from Hero FinCorp at 10.5% interest for 3 years will cost you ₹4,875 per month as EMI. You will pay a total interest of ₹25,500 over the loan tenure. The minimum monthly income needed is ₹8,125 (assuming no existing EMIs).
Hero FinCorp Bike Loan EMI for ₹1.5 Lakh at 10.5% for 3 years is ₹4,875 per month.
You need a minimum monthly income of ₹8,125 for a ₹1.5 Lakh bike loan from Hero FinCorp (at 10.5% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Lakh bike loan from Hero FinCorp at 10.5% for 3 years is ₹25,500.
Hero FinCorp charges a processing fee of Up to 3% of loan amount for Bike Loan.
Hero FinCorp Bike Loan prepayment policy: Part prepayment charges apply.