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Mahindra Bolero Neo

On Road Price Price Details

₹ 10,86,268


Loan Amount

₹ 9,77,641

Estimated Monthly Payment

₹ 19,870/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: ₹ 5,431

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₹ 9,77,641₹ 73,142₹ 8,12,344
2₹ 8,12,344₹ 59,244₹ 6,33,150
3₹ 6,33,150₹ 44,178₹ 4,38,891
4₹ 4,38,891₹ 27,846₹ 2,28,298
5₹ 2,28,298₹ 10,140₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 9,77,641, EMI of ₹ 19,870, tenure of 5 years, interest rate of 8.1% p.a

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