Mahindra Marazzo

On Road Price Price Details

₹ 16,79,021

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

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

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₹ 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