Loan
Lease
Hyundai Alcazar
On Road Price Price Details
₹ 20,37,611
Ex-Showroom Price
₹ 16,77,500
Compr. Insurance
Comprehensive Insurance
₹ 78,629
RTO - Individual
₹ 3,19,707
TCS
₹ 16,775
Depot Charges
₹ 0
Cash Discount
- ₹ 55,000
On Road Price
₹ 20,37,611
Down Payment
₹ 2,03,761
Loan Amount
₹ 18,33,850
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 37,801
Loan Amount
₹ 18,33,850
Estimated Monthly Payment
₹ 37,801/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 18,33,850 | ₹ 1,47,531 | ₹ 15,27,766 |
| 2 | ₹ 15,27,766 | ₹ 1,19,814 | ₹ 11,93,964 |
| 3 | ₹ 11,93,964 | ₹ 89,586 | ₹ 8,29,936 |
| 4 | ₹ 8,29,936 | ₹ 56,622 | ₹ 4,32,943 |
| 5 | ₹ 4,32,943 | ₹ 20,673 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 18,33,850, EMI of ₹ 37,801, tenure of 5 years, interest rate of 8.7% p.a