EMI: ₹2,527/month at 13%. Min income: ₹4,595/month.
A ₹75K bike loan from IDFC First Bank at 13% interest for 3 years will cost you ₹2,527 per month as EMI. You will pay a total interest of ₹15,972 over the loan tenure. The minimum monthly income needed is ₹4,595 (assuming no existing EMIs).
IDFC First Bank Bike Loan EMI for ₹75K at 13% for 3 years is ₹2,527 per month.
You need a minimum monthly income of ₹4,595 for a ₹75K bike loan from IDFC First Bank (at 13% rate, assuming no existing EMIs).
The total interest payable on ₹75K bike loan from IDFC First Bank at 13% for 3 years is ₹15,972.
IDFC First Bank charges a processing fee of 2% of loan amount for Bike Loan.
IDFC First Bank Bike Loan prepayment policy: 5% of outstanding.