Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Marazzo
On Road Price Price Details
₹ 18,28,345
Ex-Showroom Price
₹ 14,59,400
Compr. Insurance
Comprehensive Insurance
₹ 75,800
RTO - Individual
₹ 2,78,551
TCS
₹ 14,594
Depot Charges
₹ 0
On Road Price
₹ 18,28,345
Down Payment
₹ 1,82,835
Loan Amount
₹ 16,45,510
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 33,919
Loan Amount
₹ 16,45,510
Estimated Monthly Payment
₹ 33,919/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: ₹ 8,000
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 | ₹ 16,45,510 | ₹ 1,32,379 | ₹ 13,70,861 |
| 2 | ₹ 13,70,861 | ₹ 1,07,508 | ₹ 10,71,342 |
| 3 | ₹ 10,71,342 | ₹ 80,386 | ₹ 7,44,700 |
| 4 | ₹ 7,44,700 | ₹ 50,807 | ₹ 3,88,478 |
| 5 | ₹ 3,88,478 | ₹ 18,549 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 16,45,510, EMI of ₹ 33,919, tenure of 5 years, interest rate of 8.7% p.a