Loan
Lease
Lease Assessment Form
Mahindra Scorpio Classic
On Road Price Price Details
₹ 16,42,149
Ex-Showroom Price
₹ 13,36,700
Compr. Insurance
Comprehensive Insurance
₹ 85,585
RTO - Individual
₹ 2,56,497
TCS
₹ 13,367
Depot Charges
₹ 0
Cash Discount
- ₹ 50,000
On Road Price
₹ 16,42,149
Down Payment
₹ 1,64,215
Loan Amount
₹ 14,77,934
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 30,038
Loan Amount
₹ 14,77,934
Estimated Monthly Payment
₹ 30,038/month
Interest Rate 8.1 %
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 | ₹ 14,77,934 | ₹ 1,10,571 | ₹ 12,28,049 |
| 2 | ₹ 12,28,049 | ₹ 89,562 | ₹ 9,57,156 |
| 3 | ₹ 9,57,156 | ₹ 66,786 | ₹ 6,63,486 |
| 4 | ₹ 6,63,486 | ₹ 42,096 | ₹ 3,45,126 |
| 5 | ₹ 3,45,126 | ₹ 15,329 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,77,934, EMI of ₹ 30,038, tenure of 5 years, interest rate of 8.1% p.a
