EMI: ₹33,202/month at 10%. Min income: ₹66,404/month.
A ₹20 Lakh education loan from Yes Bank at 10% interest for 7 years will cost you ₹33,202 per month as EMI. You will pay a total interest of ₹7,88,968 over the loan tenure. The minimum monthly income needed is ₹66,404 (assuming no existing EMIs).
Yes Bank Education Loan EMI for ₹20 Lakh at 10% for 7 years is ₹33,202 per month.
You need a minimum monthly income of ₹66,404 for a ₹20 Lakh education loan from Yes Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹20 Lakh education loan from Yes Bank at 10% for 7 years is ₹7,88,968.
Yes Bank charges a processing fee of 1% + GST for Education Loan.
Yes Bank Education Loan prepayment policy: Nil.