Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Bolero Neo
On Road Price Price Details
₹ 10,60,067
Ex-Showroom Price
₹ 8,69,000
Compr. Insurance
Comprehensive Insurance
₹ 50,000
RTO - Individual
₹ 1,41,067
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 10,60,067
Down Payment
₹ 1,06,007
Loan Amount
₹ 9,54,060
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 19,391
Loan Amount
₹ 9,54,060
Estimated Monthly Payment
₹ 19,391/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 5,300
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 9,54,060 | ₹ 71,378 | ₹ 7,92,750 |
| 2 | ₹ 7,92,750 | ₹ 57,815 | ₹ 6,17,879 |
| 3 | ₹ 6,17,879 | ₹ 43,113 | ₹ 4,28,304 |
| 4 | ₹ 4,28,304 | ₹ 27,174 | ₹ 2,22,792 |
| 5 | ₹ 2,22,792 | ₹ 9,896 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 9,54,060, EMI of ₹ 19,391, tenure of 5 years, interest rate of 8.1% p.a



