EMI: ₹6,191/month at 8.75%. Min income: ₹11,257/month.
A ₹3 Lakh car loan from ICICI Bank at 8.75% interest for 5 years will cost you ₹6,191 per month as EMI. You will pay a total interest of ₹71,460 over the loan tenure. The minimum monthly income needed is ₹11,257 (assuming no existing EMIs).
ICICI Bank Car Loan EMI for ₹3 Lakh at 8.75% for 5 years is ₹6,191 per month.
You need a minimum monthly income of ₹11,257 for a ₹3 Lakh car loan from ICICI Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh car loan from ICICI Bank at 8.75% for 5 years is ₹71,460.
ICICI Bank charges a processing fee of 0.50% of loan amount for Car Loan.
ICICI Bank Car Loan prepayment policy: Part prepayment up to 25% annually.