Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Scorpio Classic
On Road Price Price Details
₹ 15,47,215
Ex-Showroom Price
₹ 12,97,700
Compr. Insurance
Comprehensive Insurance
₹ 85,700
RTO - Individual
₹ 2,50,838
TCS
₹ 12,977
Depot Charges
₹ 0
Cash Discount
- ₹ 1,00,000
On Road Price
₹ 15,47,215
Down Payment
₹ 1,54,722
Loan Amount
₹ 13,92,493
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 28,301
Loan Amount
₹ 13,92,493
Estimated Monthly Payment
₹ 28,301/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: ₹ 7,736
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 | ₹ 13,92,493 | ₹ 1,04,179 | ₹ 11,57,055 |
| 2 | ₹ 11,57,055 | ₹ 84,384 | ₹ 9,01,821 |
| 3 | ₹ 9,01,821 | ₹ 62,925 | ₹ 6,25,129 |
| 4 | ₹ 6,25,129 | ₹ 39,662 | ₹ 3,25,174 |
| 5 | ₹ 3,25,174 | ₹ 14,443 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 13,92,493, EMI of ₹ 28,301, tenure of 5 years, interest rate of 8.1% p.a
