Honda City E:hev

On Road Price Price Details

₹ 22,88,259

Loan Amount

₹ 20,59,433

Estimated Monthly Payment

₹ 42,451/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 20,59,433₹ 1,65,679₹ 17,15,697
2₹ 17,15,697₹ 1,34,552₹ 13,40,835
3₹ 13,40,835₹ 1,00,606₹ 9,32,026
4₹ 9,32,026₹ 63,587₹ 4,86,199
5₹ 4,86,199₹ 23,216₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 20,59,433, EMI of ₹ 42,451, tenure of 5 years, interest rate of 8.7% p.a