Loan
Lease
Jeep Meridian
On Road Price Price Details
₹ 35,62,824
Ex-Showroom Price
₹ 30,10,000
Compr. Insurance
Comprehensive Insurance
₹ 1,56,551
RTO - Individual
₹ 6,06,173
TCS
₹ 30,100
Depot Charges
₹ 10,000
Cash Discount
- ₹ 2,50,000
On Road Price
₹ 35,62,824
Loan Amount
₹ 35,62,824
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 73,097
Loan Amount
₹ 35,62,824
Estimated Monthly Payment
₹ 73,097/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 35,62,824 | ₹ 2,79,929 | ₹ 29,65,591 |
| 2 | ₹ 29,65,591 | ₹ 2,27,139 | ₹ 23,15,568 |
| 3 | ₹ 23,15,568 | ₹ 1,69,683 | ₹ 16,08,089 |
| 4 | ₹ 16,08,089 | ₹ 1,07,148 | ₹ 8,38,076 |
| 5 | ₹ 8,38,076 | ₹ 39,086 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 35,62,824, EMI of ₹ 73,097, tenure of 5 years, interest rate of 8.5% p.a