EMI: ₹44,132/month at 12%. Min income: ₹88,264/month.
A ₹25 Lakh education loan from Bandhan Bank at 12% interest for 7 years will cost you ₹44,132 per month as EMI. You will pay a total interest of ₹12,07,088 over the loan tenure. The minimum monthly income needed is ₹88,264 (assuming no existing EMIs).
Bandhan Bank Education Loan EMI for ₹25 Lakh at 12% for 7 years is ₹44,132 per month.
You need a minimum monthly income of ₹88,264 for a ₹25 Lakh education loan from Bandhan Bank (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹25 Lakh education loan from Bandhan Bank at 12% for 7 years is ₹12,07,088.
Bandhan Bank charges a processing fee of 1% + GST for Education Loan.
Bandhan Bank Education Loan prepayment policy: Nil.