EMI: ₹8,499/month at 10%. Min income: ₹15,453/month.
A ₹4 Lakh car loan from Bandhan Bank at 10% interest for 5 years will cost you ₹8,499 per month as EMI. You will pay a total interest of ₹1,09,940 over the loan tenure. The minimum monthly income needed is ₹15,453 (assuming no existing EMIs).
Bandhan Bank Car Loan EMI for ₹4 Lakh at 10% for 5 years is ₹8,499 per month.
You need a minimum monthly income of ₹15,453 for a ₹4 Lakh car loan from Bandhan Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹4 Lakh car loan from Bandhan Bank at 10% for 5 years is ₹1,09,940.
Bandhan Bank charges a processing fee of 1% + GST for Car Loan.
Bandhan Bank Car Loan prepayment policy: 4% of outstanding.