EMI: ₹18,552/month at 8.7%. Min income: ₹32,548/month.
A ₹9 Lakh car loan from Union Bank at 8.7% interest for 5 years will cost you ₹18,552 per month as EMI. You will pay a total interest of ₹2,13,120 over the loan tenure. The minimum monthly income needed is ₹32,548 (assuming no existing EMIs).
Union Bank Car Loan EMI for ₹9 Lakh at 8.7% for 5 years is ₹18,552 per month.
You need a minimum monthly income of ₹32,548 for a ₹9 Lakh car loan from Union Bank (at 8.7% rate, assuming no existing EMIs).
The total interest payable on ₹9 Lakh car loan from Union Bank at 8.7% for 5 years is ₹2,13,120.
Union Bank charges a processing fee of ₹1,000 + GST for Car Loan.
Union Bank Car Loan prepayment policy: Nil after 12 months.