Mahindra Bolero Neo

On Road Price Price Details

₹ 11,07,250

Loan Amount

₹ 11,07,250

Estimated Monthly Payment

₹ 22,717/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: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,536

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 11,07,250₹ 86,996₹ 9,21,643
2₹ 9,21,643₹ 70,590₹ 7,19,629
3₹ 7,19,629₹ 52,734₹ 4,99,760
4₹ 4,99,760₹ 33,299₹ 2,60,456
5₹ 2,60,456₹ 12,147₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 11,07,250, EMI of ₹ 22,717, tenure of 5 years, interest rate of 8.5% p.a