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
Loan Amount
₹ 6,98,195
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 14,325
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
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 6,982
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 3,500
Flexible repayment, Zero Foreclosure, Top-up loan
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