Loan
Lease
Mahindra Bolero
On Road Price Price Details
₹ 11,77,520
Ex-Showroom Price
₹ 9,79,400
Compr. Insurance
Comprehensive Insurance
₹ 56,500
RTO - Individual
₹ 1,55,361
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 13,741
On Road Price
₹ 11,77,520
Down Payment
₹ 1,17,752
Loan Amount
₹ 10,59,768
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 21,845
Loan Amount
₹ 10,59,768
Estimated Monthly Payment
₹ 21,845/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: ₹ 5,888
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 | ₹ 10,59,768 | ₹ 85,257 | ₹ 8,82,884 |
| 2 | ₹ 8,82,884 | ₹ 69,239 | ₹ 6,89,983 |
| 3 | ₹ 6,89,983 | ₹ 51,771 | ₹ 4,79,613 |
| 4 | ₹ 4,79,613 | ₹ 32,721 | ₹ 2,50,194 |
| 5 | ₹ 2,50,194 | ₹ 11,947 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,59,768, EMI of ₹ 21,845, tenure of 5 years, interest rate of 8.7% p.a