Loan
Lease
Corporate Lease Check
Individual Lease Check
Jeep Meridian
On Road Price Price Details
₹ 29,29,430
Ex-Showroom Price
₹ 23,33,000
Compr. Insurance
Comprehensive Insurance
₹ 1,42,560
RTO - Individual
₹ 4,20,540
TCS
₹ 23,330
Depot Charges
₹ 10,000
On Road Price
₹ 29,29,430
Down Payment
₹ 2,92,943
Loan Amount
₹ 26,36,487
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 53,585
Loan Amount
₹ 26,36,487
Estimated Monthly Payment
₹ 53,585/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 26,36,487 | ₹ 1,97,247 | ₹ 21,90,718 |
| 2 | ₹ 21,90,718 | ₹ 1,59,769 | ₹ 17,07,470 |
| 3 | ₹ 17,07,470 | ₹ 1,19,140 | ₹ 11,83,593 |
| 4 | ₹ 11,83,593 | ₹ 75,094 | ₹ 6,15,671 |
| 5 | ₹ 6,15,671 | ₹ 27,346 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 26,36,487, EMI of ₹ 53,585, tenure of 5 years, interest rate of 8.1% p.a
