Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Scorpio Classic
On Road Price Price Details
₹ 17,05,250
Ex-Showroom Price
₹ 13,61,600
Compr. Insurance
Comprehensive Insurance
₹ 90,000
RTO - Individual
₹ 2,60,034
TCS
₹ 13,616
Depot Charges
₹ 0
Cash Discount
- ₹ 20,000
On Road Price
₹ 17,05,250
Down Payment
₹ 1,70,525
Loan Amount
₹ 15,34,725
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 31,635
Loan Amount
₹ 15,34,725
Estimated Monthly Payment
₹ 31,635/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 | ₹ 15,34,725 | ₹ 1,23,467 | ₹ 12,78,567 |
2 | ₹ 12,78,567 | ₹ 1,00,270 | ₹ 9,99,213 |
3 | ₹ 9,99,213 | ₹ 74,974 | ₹ 6,94,562 |
4 | ₹ 6,94,562 | ₹ 47,386 | ₹ 3,62,324 |
5 | ₹ 3,62,324 | ₹ 17,301 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,34,725, EMI of ₹ 31,635, tenure of 5 years, interest rate of 8.7% p.a