Loan
Lease
Mahindra Marazzo
On Road Price Price Details
₹ 16,79,021
Ex-Showroom Price
₹ 13,40,501
Compr. Insurance
Comprehensive Insurance
₹ 69,000
RTO - Individual
₹ 2,56,115
TCS
₹ 13,405
Depot Charges
₹ 0
On Road Price
₹ 16,79,021
Loan Amount
₹ 16,79,021
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 34,448
Loan Amount
₹ 16,79,021
Estimated Monthly Payment
₹ 34,448/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
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 | ₹ 16,79,021 | ₹ 1,31,920 | ₹ 13,97,568 |
| 2 | ₹ 13,97,568 | ₹ 1,07,042 | ₹ 10,91,238 |
| 3 | ₹ 10,91,238 | ₹ 79,965 | ₹ 7,57,830 |
| 4 | ₹ 7,57,830 | ₹ 50,495 | ₹ 3,94,953 |
| 5 | ₹ 3,94,953 | ₹ 18,420 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 16,79,021, EMI of ₹ 34,448, tenure of 5 years, interest rate of 8.5% p.a