Mahindra Bolero Neo

On Road Price Price Details

₹ 10,95,411

Loan Amount

₹ 10,95,411

Estimated Monthly Payment

₹ 22,474/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: ₹ 10,954.11

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,477.055

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 10,95,411₹ 86,066₹ 9,11,788
2₹ 9,11,788₹ 69,835₹ 7,11,935
3₹ 7,11,935₹ 52,170₹ 4,94,416
4₹ 4,94,416₹ 32,943₹ 2,57,671
5₹ 2,57,671₹ 12,017₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 10,95,411, EMI of ₹ 22,474, tenure of 5 years, interest rate of 8.5% p.a