Mahindra Bolero

On Road Price Price Details

₹ 11,58,220

Loan Amount

₹ 11,58,220

Estimated Monthly Payment

₹ 23,763/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: ₹ 5,791

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₹ 11,58,220₹ 91,001₹ 9,64,069
2₹ 9,64,069₹ 73,839₹ 7,52,756
3₹ 7,52,756₹ 55,161₹ 5,22,765
4₹ 5,22,765₹ 34,832₹ 2,72,446
5₹ 2,72,446₹ 12,706₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 11,58,220, EMI of ₹ 23,763, tenure of 5 years, interest rate of 8.5% p.a