EMI: ₹2,563/month at 14%. Min income: ₹4,272/month.
A ₹75K bike loan from Mahindra Finance at 14% interest for 3 years will cost you ₹2,563 per month as EMI. You will pay a total interest of ₹17,268 over the loan tenure. The minimum monthly income needed is ₹4,272 (assuming no existing EMIs).
Mahindra Finance Bike Loan EMI for ₹75K at 14% for 3 years is ₹2,563 per month.
You need a minimum monthly income of ₹4,272 for a ₹75K bike loan from Mahindra Finance (at 14% rate, assuming no existing EMIs).
The total interest payable on ₹75K bike loan from Mahindra Finance at 14% for 3 years is ₹17,268.
Mahindra Finance charges a processing fee of 2% of loan amount for Bike Loan.
Mahindra Finance Bike Loan prepayment policy: 5% of outstanding.