Jeep Meridian

On Road Price Price Details

₹ 35,62,824

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

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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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