Loan
Lease
Jeep Grand Cherokee
On Road Price Price Details
₹ 87,82,900
Ex-Showroom Price
₹ 80,50,000
Compr. Insurance
Comprehensive Insurance
₹ 3,41,800
RTO - Individual
₹ 15,00,600
TCS
₹ 80,500
Depot Charges
₹ 10,000
Cash Discount
- ₹ 12,00,000
On Road Price
₹ 87,82,900
Down Payment
₹ 8,78,290
Loan Amount
₹ 79,04,610
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,62,938
Loan Amount
₹ 79,04,610
Estimated Monthly Payment
₹ 1,62,938/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 | ₹ 79,04,610 | ₹ 6,35,916 | ₹ 65,85,267 |
| 2 | ₹ 65,85,267 | ₹ 5,16,443 | ₹ 51,46,452 |
| 3 | ₹ 51,46,452 | ₹ 3,86,152 | ₹ 35,77,347 |
| 4 | ₹ 35,77,347 | ₹ 2,44,063 | ₹ 18,66,151 |
| 5 | ₹ 18,66,151 | ₹ 89,107 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 79,04,610, EMI of ₹ 1,62,938, tenure of 5 years, interest rate of 8.7% p.a