Loan
Lease
Lease Assessment Form
Mahindra Bolero Neo
On Road Price Price Details
₹ 11,01,402
Ex-Showroom Price
₹ 8,99,000
Compr. Insurance
Comprehensive Insurance
₹ 58,435
RTO - Individual
₹ 1,43,967
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 11,01,402
Down Payment
₹ 1,10,140
Loan Amount
₹ 9,91,262
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 20,147
Loan Amount
₹ 9,91,262
Estimated Monthly Payment
₹ 20,147/month
Interest Rate 8.1 %
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: ₹ 5,507
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 | ₹ 9,91,262 | ₹ 74,161 | ₹ 8,23,662 |
| 2 | ₹ 8,23,662 | ₹ 60,070 | ₹ 6,41,972 |
| 3 | ₹ 6,41,972 | ₹ 44,794 | ₹ 4,45,005 |
| 4 | ₹ 4,45,005 | ₹ 28,234 | ₹ 2,31,479 |
| 5 | ₹ 2,31,479 | ₹ 10,281 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 9,91,262, EMI of ₹ 20,147, tenure of 5 years, interest rate of 8.1% p.a
