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PNB Car Loan for ₹8 Lakh

EMI: ₹16,549/month at 8.85%. Min income: ₹29,034/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
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Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
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Remaining Income
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PNB Car Loan for ₹8 Lakh - Key Details

Interest Rate
8.85% p.a.
Monthly EMI
₹16,549
Total Interest
₹1,92,940
Total Payment
₹9,92,940
Min Income Required
₹29,034/mo
Processing Fee
0.50% + GST

A ₹8 Lakh car loan from PNB at 8.85% interest for 5 years will cost you ₹16,549 per month as EMI. You will pay a total interest of ₹1,92,940 over the loan tenure. The minimum monthly income needed is ₹29,034 (assuming no existing EMIs).

Frequently Asked Questions

What is PNB car loan EMI for ₹8 Lakh?

PNB Car Loan EMI for ₹8 Lakh at 8.85% for 5 years is ₹16,549 per month.

What income do I need for ₹8 Lakh car loan from PNB?

You need a minimum monthly income of ₹29,034 for a ₹8 Lakh car loan from PNB (at 8.85% rate, assuming no existing EMIs).

What is the total interest on ₹8 Lakh car loan from PNB?

The total interest payable on ₹8 Lakh car loan from PNB at 8.85% for 5 years is ₹1,92,940.

What is PNB's processing fee for ₹8 Lakh car loan?

PNB charges a processing fee of 0.50% + GST for Car Loan.

Can I prepay my PNB car loan?

PNB Car Loan prepayment policy: Nil after 12 months for floating.

₹8 Lakh Car Loan from Other Banks

SBIFrom 8.85 - 9.55%HDFC BankFrom 8.75 - 9.50%ICICI BankFrom 8.75 - 9.60%Axis BankFrom 8.70 - 12.50%Kotak Mahindra BankFrom 8.70 - 12.00%Bank of BarodaFrom 8.65 - 10.90%Canara BankFrom 8.75 - 10.50%Union BankFrom 8.70 - 10.70%Indian BankFrom 8.80 - 10.30%IDBI BankFrom 8.80 - 11.00%

Other PNB Car Loan Amounts

₹3 LakhEMI ₹6,206/mo₹4 LakhEMI ₹8,274/mo₹5 LakhEMI ₹10,343/mo₹6 LakhEMI ₹12,411/mo₹7 LakhEMI ₹14,480/mo₹9 LakhEMI ₹18,617/mo₹10 LakhEMI ₹20,686/mo₹12 LakhEMI ₹24,823/mo