Loan
Lease
Lease Assessment Form
Mahindra Bolero
On Road Price Price Details
₹ 10,40,382
Ex-Showroom Price
₹ 8,49,000
Compr. Insurance
Comprehensive Insurance
₹ 55,185
RTO - Individual
₹ 1,36,197
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 10,40,382
Down Payment
₹ 1,04,038
Loan Amount
₹ 9,36,344
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 19,031
Loan Amount
₹ 9,36,344
Estimated Monthly Payment
₹ 19,031/month
Interest Rate 8.1 %
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: ₹ 5,202
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 | ₹ 9,36,344 | ₹ 70,052 | ₹ 7,78,030 |
| 2 | ₹ 7,78,030 | ₹ 56,742 | ₹ 6,06,405 |
| 3 | ₹ 6,06,405 | ₹ 42,312 | ₹ 4,20,351 |
| 4 | ₹ 4,20,351 | ₹ 26,670 | ₹ 2,18,655 |
| 5 | ₹ 2,18,655 | ₹ 9,712 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 9,36,344, EMI of ₹ 19,031, tenure of 5 years, interest rate of 8.1% p.a
