Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Bolero Neo
On Road Price Price Details
₹ 9,35,022
Ex-Showroom Price
₹ 8,49,000
Compr. Insurance
Comprehensive Insurance
₹ 44,000
RTO - Individual
₹ 1,22,022
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 80,000
On Road Price
₹ 9,35,022
Down Payment
₹ 93,502
Loan Amount
₹ 8,41,520
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 17,103
Loan Amount
₹ 8,41,520
Estimated Monthly Payment
₹ 17,103/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: ₹ 4,675
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 | ₹ 8,41,520 | ₹ 62,958 | ₹ 6,99,238 |
| 2 | ₹ 6,99,238 | ₹ 50,995 | ₹ 5,44,994 |
| 3 | ₹ 5,44,994 | ₹ 38,027 | ₹ 3,77,782 |
| 4 | ₹ 3,77,782 | ₹ 23,969 | ₹ 1,96,511 |
| 5 | ₹ 1,96,511 | ₹ 8,728 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 8,41,520, EMI of ₹ 17,103, tenure of 5 years, interest rate of 8.1% p.a
