EMI: ₹11,621/month at 10%. Min income: ₹23,242/month.
A ₹7 Lakh education loan from Yes Bank at 10% interest for 7 years will cost you ₹11,621 per month as EMI. You will pay a total interest of ₹2,76,164 over the loan tenure. The minimum monthly income needed is ₹23,242 (assuming no existing EMIs).
Yes Bank Education Loan EMI for ₹7 Lakh at 10% for 7 years is ₹11,621 per month.
You need a minimum monthly income of ₹23,242 for a ₹7 Lakh education loan from Yes Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹7 Lakh education loan from Yes Bank at 10% for 7 years is ₹2,76,164.
Yes Bank charges a processing fee of 1% + GST for Education Loan.
Yes Bank Education Loan prepayment policy: Nil.