Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Scorpio Classic
On Road Price Price Details
₹ 16,38,222
Ex-Showroom Price
₹ 12,99,700
Compr. Insurance
Comprehensive Insurance
₹ 75,297
RTO - Individual
₹ 2,50,228
TCS
₹ 12,997
Depot Charges
₹ 0
On Road Price
₹ 16,38,222
Down Payment
₹ 1,63,822
Loan Amount
₹ 14,74,400
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 29,966
Loan Amount
₹ 14,74,400
Estimated Monthly Payment
₹ 29,966/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 | ₹ 14,74,400 | ₹ 1,10,307 | ₹ 12,25,113 |
| 2 | ₹ 12,25,113 | ₹ 89,347 | ₹ 9,54,867 |
| 3 | ₹ 9,54,867 | ₹ 66,626 | ₹ 6,61,900 |
| 4 | ₹ 6,61,900 | ₹ 41,995 | ₹ 3,44,301 |
| 5 | ₹ 3,44,301 | ₹ 15,292 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,74,400, EMI of ₹ 29,966, tenure of 5 years, interest rate of 8.1% p.a
