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Mahindra Bolero Neo

On Road Price Price Details

₹ 10,60,067


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

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 5,300

Flexible repayment, Zero Foreclosure, Top-up loan

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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

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