Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Scorpio Classic
On Road Price Price Details
₹ 16,47,215
Ex-Showroom Price
₹ 12,97,700
Compr. Insurance
Comprehensive Insurance
₹ 85,700
RTO - Individual
₹ 2,50,838
TCS
₹ 12,977
Depot Charges
₹ 0
On Road Price
₹ 16,47,215
Down Payment
₹ 1,64,722
Loan Amount
₹ 14,82,493
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 30,131
Loan Amount
₹ 14,82,493
Estimated Monthly Payment
₹ 30,131/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 14,82,493 | ₹ 1,10,912 | ₹ 12,31,838 |
| 2 | ₹ 12,31,838 | ₹ 89,838 | ₹ 9,60,108 |
| 3 | ₹ 9,60,108 | ₹ 66,992 | ₹ 6,65,533 |
| 4 | ₹ 6,65,533 | ₹ 42,225 | ₹ 3,46,191 |
| 5 | ₹ 3,46,191 | ₹ 15,376 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,82,493, EMI of ₹ 30,131, tenure of 5 years, interest rate of 8.1% p.a
