Loan
Lease
Mahindra Kuv100 Nxt
On Road Price Price Details
₹ 6,98,195
Ex-Showroom Price
₹ 6,03,845
Compr. Insurance
Comprehensive Insurance
₹ 30,170
RTO - Individual
₹ 97,103
TCS
₹ 0
Depot Charges
₹ 7,080
Cash Discount
- ₹ 40,003
On Road Price
₹ 6,98,195
Down Payment
₹ 69,820
Loan Amount
₹ 6,28,375
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 12,953
Loan Amount
₹ 6,28,375
Estimated Monthly Payment
₹ 12,953/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 6,982
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
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 | ₹ 6,28,375 | ₹ 50,552 | ₹ 5,23,494 |
| 2 | ₹ 5,23,494 | ₹ 41,055 | ₹ 4,09,116 |
| 3 | ₹ 4,09,116 | ₹ 30,697 | ₹ 2,84,380 |
| 4 | ₹ 2,84,380 | ₹ 19,402 | ₹ 1,48,349 |
| 5 | ₹ 1,48,349 | ₹ 7,084 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 6,28,375, EMI of ₹ 12,953, tenure of 5 years, interest rate of 8.7% p.a