Monthly EMI: ₹1,661 at 12% for 3 years. Total interest: ₹9,796.
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With a ₹50K bike loan from L&T Finance at 12% for 3 years, you will pay a monthly EMI of ₹1,661. The total amount payable is ₹59,796, of which ₹9,796 is interest.
At 12% interest rate for 3 years, the EMI for ₹50K Bike Loan from L&T Finance is ₹1,661 per month. Total interest payable: ₹9,796.
L&T Finance offers Bike Loan at 12.00 - 18.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹50K at 12% for 3 years, you would pay approximately ₹9,796 as total interest, making the total repayment ₹59,796.
L&T Finance's prepayment policy for Bike Loan: Part prepayment charges apply. Making prepayments can significantly reduce your total interest outgo.
L&T Finance offers competitive rates starting from 12.00 - 18.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹50K bike loan.