Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Bolero Neo
On Road Price Price Details
₹ 10,15,022
Ex-Showroom Price
₹ 8,49,000
Compr. Insurance
Comprehensive Insurance
₹ 44,000
RTO - Individual
₹ 1,22,022
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 10,15,022
Down Payment
₹ 1,01,502
Loan Amount
₹ 9,13,520
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 18,567
Loan Amount
₹ 9,13,520
Estimated Monthly Payment
₹ 18,567/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: ₹ 5,075
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 | ₹ 9,13,520 | ₹ 68,345 | ₹ 7,59,065 |
| 2 | ₹ 7,59,065 | ₹ 55,359 | ₹ 5,91,624 |
| 3 | ₹ 5,91,624 | ₹ 41,281 | ₹ 4,10,105 |
| 4 | ₹ 4,10,105 | ₹ 26,020 | ₹ 2,13,325 |
| 5 | ₹ 2,13,325 | ₹ 9,475 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 9,13,520, EMI of ₹ 18,567, tenure of 5 years, interest rate of 8.1% p.a
