Loan
Lease
Mahindra Marazzo
On Road Price Price Details
₹ 17,15,065
Ex-Showroom Price
₹ 14,59,400
Compr. Insurance
Comprehensive Insurance
₹ 75,800
RTO - Individual
₹ 2,78,551
TCS
₹ 14,594
Depot Charges
₹ 0
Cash Discount
- ₹ 1,13,280
On Road Price
₹ 17,15,065
Down Payment
₹ 1,71,507
Loan Amount
₹ 15,43,558
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 31,817
Loan Amount
₹ 15,43,558
Estimated Monthly Payment
₹ 31,817/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 | ₹ 15,43,558 | ₹ 1,24,177 | ₹ 12,85,926 |
2 | ₹ 12,85,926 | ₹ 1,00,848 | ₹ 10,04,964 |
3 | ₹ 10,04,964 | ₹ 75,405 | ₹ 6,98,560 |
4 | ₹ 6,98,560 | ₹ 47,659 | ₹ 3,64,409 |
5 | ₹ 3,64,409 | ₹ 17,400 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,43,558, EMI of ₹ 31,817, tenure of 5 years, interest rate of 8.7% p.a