Monthly EMI: ₹4,982 at 12% for 3 years. Total interest: ₹29,352.
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With a ₹1.5 Lakh bike loan from PNB at 12% for 3 years, you will pay a monthly EMI of ₹4,982. The total amount payable is ₹1,79,352, of which ₹29,352 is interest.
At 12% interest rate for 3 years, the EMI for ₹1.5 Lakh Bike Loan from PNB is ₹4,982 per month. Total interest payable: ₹29,352.
PNB offers Bike Loan at 12.00 - 14.65% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1.5 Lakh at 12% for 3 years, you would pay approximately ₹29,352 as total interest, making the total repayment ₹1,79,352.
PNB's prepayment policy for Bike Loan: Nil after 6 months. Making prepayments can significantly reduce your total interest outgo.
PNB offers competitive rates starting from 12.00 - 14.65% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹1.5 Lakh bike loan.