EMI: ₹17,653/month at 12%. Min income: ₹35,306/month.
A ₹10 Lakh education loan from Bandhan Bank at 12% interest for 7 years will cost you ₹17,653 per month as EMI. You will pay a total interest of ₹4,82,852 over the loan tenure. The minimum monthly income needed is ₹35,306 (assuming no existing EMIs).
Bandhan Bank Education Loan EMI for ₹10 Lakh at 12% for 7 years is ₹17,653 per month.
You need a minimum monthly income of ₹35,306 for a ₹10 Lakh education loan from Bandhan Bank (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh education loan from Bandhan Bank at 12% for 7 years is ₹4,82,852.
Bandhan Bank charges a processing fee of 1% + GST for Education Loan.
Bandhan Bank Education Loan prepayment policy: Nil.