Kia Sonet

On Road Price Price Details

₹ 9,99,945

Loan Amount

₹ 8,99,950

Estimated Monthly Payment

₹ 18,551/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 5,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 8,99,950₹ 72,400₹ 7,49,741
2₹ 7,49,741₹ 58,798₹ 5,85,930
3₹ 5,85,930₹ 43,964₹ 4,07,286
4₹ 4,07,286₹ 27,787₹ 2,12,464
5₹ 2,12,464₹ 10,145₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 8,99,950, EMI of ₹ 18,551, tenure of 5 years, interest rate of 8.7% p.a