Loan
Lease
Mahindra Bolero
On Road Price Price Details
₹ 11,79,961
Ex-Showroom Price
₹ 9,79,400
Compr. Insurance
Comprehensive Insurance
₹ 56,500
RTO - Individual
₹ 1,55,361
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 11,300
On Road Price
₹ 11,79,961
Down Payment
₹ 1,17,996
Loan Amount
₹ 10,61,965
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 21,890
Loan Amount
₹ 10,61,965
Estimated Monthly Payment
₹ 21,890/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 5,900
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 10,61,965 | ₹ 85,434 | ₹ 8,84,715 |
| 2 | ₹ 8,84,715 | ₹ 69,383 | ₹ 6,91,413 |
| 3 | ₹ 6,91,413 | ₹ 51,879 | ₹ 4,80,608 |
| 4 | ₹ 4,80,608 | ₹ 32,789 | ₹ 2,50,713 |
| 5 | ₹ 2,50,713 | ₹ 11,971 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,61,965, EMI of ₹ 21,890, tenure of 5 years, interest rate of 8.7% p.a