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
Down Payment
₹ 3,87,335
Loan Amount
₹ 34,86,013
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 71,857
Loan Amount
₹ 34,86,013
Estimated Monthly Payment
₹ 71,857/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 | ₹ 34,86,013 | ₹ 2,80,445 | ₹ 29,04,170 |
| 2 | ₹ 29,04,170 | ₹ 2,27,757 | ₹ 22,69,638 |
| 3 | ₹ 22,69,638 | ₹ 1,70,297 | ₹ 15,77,646 |
| 4 | ₹ 15,77,646 | ₹ 1,07,634 | ₹ 8,22,992 |
| 5 | ₹ 8,22,992 | ₹ 39,297 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 34,86,013, EMI of ₹ 71,857, tenure of 5 years, interest rate of 8.7% p.a