Mahindra Marazzo

On Road Price Price Details

₹ 17,15,065

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

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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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