Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Scorpio
On Road Price Price Details
₹ 17,27,948
Ex-Showroom Price
₹ 13,67,188
Compr. Insurance
Comprehensive Insurance
₹ 86,000
RTO - Individual
₹ 2,61,088
TCS
₹ 13,672
Depot Charges
₹ 0
On Road Price
₹ 17,27,948
Down Payment
₹ 1,72,795
Loan Amount
₹ 15,55,153
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 32,056
Loan Amount
₹ 15,55,153
Estimated Monthly Payment
₹ 32,056/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 | ₹ 15,55,153 | ₹ 1,25,110 | ₹ 12,95,586 |
2 | ₹ 12,95,586 | ₹ 1,01,605 | ₹ 10,12,513 |
3 | ₹ 10,12,513 | ₹ 75,972 | ₹ 7,03,807 |
4 | ₹ 7,03,807 | ₹ 48,017 | ₹ 3,67,147 |
5 | ₹ 3,67,147 | ₹ 17,531 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,55,153, EMI of ₹ 32,056, tenure of 5 years, interest rate of 8.7% p.a