EMI: ₹2,582/month at 14.5%. Min income: ₹4,695/month.
A ₹75K bike loan from Axis Bank at 14.5% interest for 3 years will cost you ₹2,582 per month as EMI. You will pay a total interest of ₹17,952 over the loan tenure. The minimum monthly income needed is ₹4,695 (assuming no existing EMIs).
Axis Bank Bike Loan EMI for ₹75K at 14.5% for 3 years is ₹2,582 per month.
You need a minimum monthly income of ₹4,695 for a ₹75K bike loan from Axis Bank (at 14.5% rate, assuming no existing EMIs).
The total interest payable on ₹75K bike loan from Axis Bank at 14.5% for 3 years is ₹17,952.
Axis Bank charges a processing fee of 1.50% of loan amount for Bike Loan.
Axis Bank Bike Loan prepayment policy: Part prepayment after 6 months.