EMI: ₹16,646/month at 9.1%. Min income: ₹30,266/month.
A ₹8 Lakh car loan from Karur Vysya Bank at 9.1% interest for 5 years will cost you ₹16,646 per month as EMI. You will pay a total interest of ₹1,98,760 over the loan tenure. The minimum monthly income needed is ₹30,266 (assuming no existing EMIs).
Karur Vysya Bank Car Loan EMI for ₹8 Lakh at 9.1% for 5 years is ₹16,646 per month.
You need a minimum monthly income of ₹30,266 for a ₹8 Lakh car loan from Karur Vysya Bank (at 9.1% rate, assuming no existing EMIs).
The total interest payable on ₹8 Lakh car loan from Karur Vysya Bank at 9.1% for 5 years is ₹1,98,760.
Karur Vysya Bank charges a processing fee of 0.50% + GST for Car Loan.
Karur Vysya Bank Car Loan prepayment policy: Nil after 6 months.