Honda City

On Road Price Price Details

₹ 14,21,960

Loan Amount

₹ 14,21,960

Estimated Monthly Payment

₹ 29,174/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,110

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 14,21,960₹ 1,11,722₹ 11,83,598
2₹ 11,83,598₹ 90,653₹ 9,24,167
3₹ 9,24,167₹ 67,722₹ 6,41,805
4₹ 6,41,805₹ 42,764₹ 3,34,485
5₹ 3,34,485₹ 15,599₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 14,21,960, EMI of ₹ 29,174, tenure of 5 years, interest rate of 8.5% p.a