EMI: ₹23,010/month at 13.5%. Min income: ₹57,525/month.
A ₹10 Lakh business loan from Yes Bank at 13.5% interest for 5 years will cost you ₹23,010 per month as EMI. You will pay a total interest of ₹3,80,600 over the loan tenure. The minimum monthly income needed is ₹57,525 (assuming no existing EMIs).
Yes Bank Business Loan EMI for ₹10 Lakh at 13.5% for 5 years is ₹23,010 per month.
You need a minimum monthly income of ₹57,525 for a ₹10 Lakh business loan from Yes Bank (at 13.5% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh business loan from Yes Bank at 13.5% for 5 years is ₹3,80,600.
Yes Bank charges a processing fee of 2% + GST for Business Loan.
Yes Bank Business Loan prepayment policy: 4% of outstanding.