Mahindra Kuv100 Nxt

On Road Price Price Details

₹ 6,98,195

Loan Amount

₹ 6,98,195

Estimated Monthly Payment

₹ 14,325/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: ₹ 6,982

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 3,500

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₹ 6,98,195₹ 54,857₹ 5,81,157
2₹ 5,81,157₹ 44,512₹ 4,53,774
3₹ 4,53,774₹ 33,252₹ 3,15,132
4₹ 3,15,132₹ 20,997₹ 1,64,235
5₹ 1,64,235₹ 7,659₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,98,195, EMI of ₹ 14,325, tenure of 5 years, interest rate of 8.5% p.a