INCOME ELIGIBILITY- VEHICLE LOAN

This query is : Resolved 

10 January 2011
Is there any Excel Formula to determine Minimum Annual Income required to avail vehicle loan based on following data
1.Desired Loan Rs 7,00,000
2.Rate of interest 8% PA
3.Desired Term of loan 60 months

12 January 2011 it is based on the vehicle loan policy of the bank which you are selecting


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