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Mahindra Thar

On Road Price Price Details

₹ 12,15,769


Loan Amount

₹ 10,94,192

Estimated Monthly Payment

₹ 22,239/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 6,079

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 10,94,192₹ 81,861₹ 9,09,189
2₹ 9,09,189₹ 66,307₹ 7,08,632
3₹ 7,08,632₹ 49,445₹ 4,91,214
4₹ 4,91,214₹ 31,166₹ 2,55,515
5₹ 2,55,515₹ 11,349₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 10,94,192, EMI of ₹ 22,239, tenure of 5 years, interest rate of 8.1% p.a

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