Loan
Lease
Mahindra Alturas G4
On Road Price Price Details
₹ 38,73,348
Ex-Showroom Price
₹ 30,67,555
Compr. Insurance
Comprehensive Insurance
₹ 1,59,119
RTO - Individual
₹ 6,15,998
TCS
₹ 30,676
Depot Charges
₹ 0
On Road Price
₹ 38,73,348
Loan Amount
₹ 38,73,348
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 79,468
Loan Amount
₹ 38,73,348
Estimated Monthly Payment
₹ 79,468/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 | ₹ 38,73,348 | ₹ 3,04,326 | ₹ 32,24,062 |
| 2 | ₹ 32,24,062 | ₹ 2,46,935 | ₹ 25,17,386 |
| 3 | ₹ 25,17,386 | ₹ 1,84,472 | ₹ 17,48,245 |
| 4 | ₹ 17,48,245 | ₹ 1,16,487 | ₹ 9,11,120 |
| 5 | ₹ 9,11,120 | ₹ 42,492 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 38,73,348, EMI of ₹ 79,468, tenure of 5 years, interest rate of 8.5% p.a