Mahindra Xuv 700

On Road Price Price Details

₹ 17,71,844

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

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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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