Monthly EMI: ₹6,206 at 8.85% for 5 years. Total interest: ₹72,360.
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With a ₹3 Lakh car loan from PNB at 8.85% for 5 years, you will pay a monthly EMI of ₹6,206. The total amount payable is ₹3,72,360, of which ₹72,360 is interest.
At 8.85% interest rate for 5 years, the EMI for ₹3 Lakh Car Loan from PNB is ₹6,206 per month. Total interest payable: ₹72,360.
PNB offers Car Loan at 8.85 - 10.30% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 8.85% for 5 years, you would pay approximately ₹72,360 as total interest, making the total repayment ₹3,72,360.
PNB's prepayment policy for Car Loan: Nil after 12 months for floating. Making prepayments can significantly reduce your total interest outgo.
PNB offers competitive rates starting from 8.85 - 10.30% with tenure up to 7 years. Compare with other banks on this page to find the best option for your ₹3 Lakh car loan.