Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Xuv 700
On Road Price Price Details
₹ 17,71,844
Ex-Showroom Price
₹ 13,99,001
Compr. Insurance
Comprehensive Insurance
₹ 91,700
RTO - Individual
₹ 2,67,153
TCS
₹ 13,990
Depot Charges
₹ 0
On Road Price
₹ 17,71,844
Down Payment
₹ 1,77,184
Loan Amount
₹ 15,94,660
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 32,871
Loan Amount
₹ 15,94,660
Estimated Monthly Payment
₹ 32,871/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 | ₹ 15,94,660 | ₹ 1,28,288 | ₹ 13,28,498 |
2 | ₹ 13,28,498 | ₹ 1,04,186 | ₹ 10,38,235 |
3 | ₹ 10,38,235 | ₹ 77,902 | ₹ 7,21,687 |
4 | ₹ 7,21,687 | ₹ 49,237 | ₹ 3,76,474 |
5 | ₹ 3,76,474 | ₹ 17,976 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,94,660, EMI of ₹ 32,871, tenure of 5 years, interest rate of 8.7% p.a