Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Thar
On Road Price Price Details
₹ 11,98,822
Ex-Showroom Price
₹ 9,99,000
Compr. Insurance
Comprehensive Insurance
₹ 56,800
RTO - Individual
₹ 1,43,022
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 11,98,822
Down Payment
₹ 1,19,882
Loan Amount
₹ 10,78,940
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 21,929
Loan Amount
₹ 10,78,940
Estimated Monthly Payment
₹ 21,929/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: ₹ 5,994
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 | ₹ 10,78,940 | ₹ 80,720 | ₹ 8,96,516 |
| 2 | ₹ 8,96,516 | ₹ 65,383 | ₹ 6,98,755 |
| 3 | ₹ 6,98,755 | ₹ 48,756 | ₹ 4,84,367 |
| 4 | ₹ 4,84,367 | ₹ 30,731 | ₹ 2,51,953 |
| 5 | ₹ 2,51,953 | ₹ 11,191 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,78,940, EMI of ₹ 21,929, tenure of 5 years, interest rate of 8.1% p.a
