Loan
Lease
Jeep Meridian
On Road Price Price Details
₹ 41,94,340
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
- ₹ 1,00,000
On Road Price
₹ 41,94,340
Down Payment
₹ 4,19,434
Loan Amount
₹ 37,74,906
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 77,812
Loan Amount
₹ 37,74,906
Estimated Monthly Payment
₹ 77,812/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 | ₹ 37,74,906 | ₹ 3,03,686 | ₹ 31,44,844 |
| 2 | ₹ 31,44,844 | ₹ 2,46,631 | ₹ 24,57,727 |
| 3 | ₹ 24,57,727 | ₹ 1,84,410 | ₹ 17,08,389 |
| 4 | ₹ 17,08,389 | ₹ 1,16,554 | ₹ 8,91,195 |
| 5 | ₹ 8,91,195 | ₹ 42,554 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 37,74,906, EMI of ₹ 77,812, tenure of 5 years, interest rate of 8.7% p.a