Monthly EMI: ₹8,499 at 10% for 5 years. Total interest: ₹1,09,940.
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With a ₹4 Lakh car loan from Bandhan Bank at 10% for 5 years, you will pay a monthly EMI of ₹8,499. The total amount payable is ₹5,09,940, of which ₹1,09,940 is interest.
At 10% interest rate for 5 years, the EMI for ₹4 Lakh Car Loan from Bandhan Bank is ₹8,499 per month. Total interest payable: ₹1,09,940.
Bandhan Bank offers Car Loan at 10.00 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹4 Lakh at 10% for 5 years, you would pay approximately ₹1,09,940 as total interest, making the total repayment ₹5,09,940.
Bandhan Bank's prepayment policy for Car Loan: 4% of outstanding. Making prepayments can significantly reduce your total interest outgo.
Bandhan Bank offers competitive rates starting from 10.00 - 14.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹4 Lakh car loan.