Loan
Lease
Jeep Meridian
On Road Price Price Details
₹ 40,94,340
Ex-Showroom Price
₹ 33,77,000
Compr. Insurance
Comprehensive Insurance
₹ 1,92,647
RTO - Individual
₹ 6,80,923
TCS
₹ 33,770
Depot Charges
₹ 10,000
Cash Discount
- ₹ 2,00,000
On Road Price
₹ 40,94,340
Down Payment
₹ 4,09,434
Loan Amount
₹ 36,84,906
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 75,957
Loan Amount
₹ 36,84,906
Estimated Monthly Payment
₹ 75,957/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 | ₹ 36,84,906 | ₹ 2,96,446 | ₹ 30,69,866 |
| 2 | ₹ 30,69,866 | ₹ 2,40,751 | ₹ 23,99,131 |
| 3 | ₹ 23,99,131 | ₹ 1,80,013 | ₹ 16,67,658 |
| 4 | ₹ 16,67,658 | ₹ 1,13,775 | ₹ 8,69,947 |
| 5 | ₹ 8,69,947 | ₹ 41,539 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 36,84,906, EMI of ₹ 75,957, tenure of 5 years, interest rate of 8.7% p.a