EMI: ₹2,498/month at 12.2%. Min income: ₹4,383/month.
A ₹75K bike loan from Union Bank at 12.2% interest for 3 years will cost you ₹2,498 per month as EMI. You will pay a total interest of ₹14,928 over the loan tenure. The minimum monthly income needed is ₹4,383 (assuming no existing EMIs).
Union Bank Bike Loan EMI for ₹75K at 12.2% for 3 years is ₹2,498 per month.
You need a minimum monthly income of ₹4,383 for a ₹75K bike loan from Union Bank (at 12.2% rate, assuming no existing EMIs).
The total interest payable on ₹75K bike loan from Union Bank at 12.2% for 3 years is ₹14,928.
Union Bank charges a processing fee of 0.50% + GST for Bike Loan.
Union Bank Bike Loan prepayment policy: Nil after 6 months.