EMI: ₹25,496/month at 10%. Min income: ₹46,357/month.
A ₹12 Lakh car loan from Bandhan Bank at 10% interest for 5 years will cost you ₹25,496 per month as EMI. You will pay a total interest of ₹3,29,760 over the loan tenure. The minimum monthly income needed is ₹46,357 (assuming no existing EMIs).
Bandhan Bank Car Loan EMI for ₹12 Lakh at 10% for 5 years is ₹25,496 per month.
You need a minimum monthly income of ₹46,357 for a ₹12 Lakh car loan from Bandhan Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹12 Lakh car loan from Bandhan Bank at 10% for 5 years is ₹3,29,760.
Bandhan Bank charges a processing fee of 1% + GST for Car Loan.
Bandhan Bank Car Loan prepayment policy: 4% of outstanding.