Mahindra Bolero Neo

On Road Price Price Details

₹ 11,28,468

Loan Amount

₹ 11,28,468

Estimated Monthly Payment

₹ 23,152/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: ₹ 5,642

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₹ 11,28,468₹ 88,663₹ 9,39,304
2₹ 9,39,304₹ 71,943₹ 7,33,420
3₹ 7,33,420₹ 53,744₹ 5,09,337
4₹ 5,09,337₹ 33,937₹ 2,65,447
5₹ 2,65,447₹ 12,380₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 11,28,468, EMI of ₹ 23,152, tenure of 5 years, interest rate of 8.5% p.a