Loan
Lease
Maruti-suzuki Alto
On Road Price Price Details
₹ 4,28,695
Ex-Showroom Price
₹ 3,54,000
Compr. Insurance
Comprehensive Insurance
₹ 21,150
RTO - Individual
₹ 53,545
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 4,28,695
Loan Amount
₹ 4,28,695
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 8,795
Loan Amount
₹ 4,28,695
Estimated Monthly Payment
₹ 8,795/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 4,287
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 3,500
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 4,28,695 | ₹ 33,682 | ₹ 3,56,833 |
| 2 | ₹ 3,56,833 | ₹ 27,330 | ₹ 2,78,620 |
| 3 | ₹ 2,78,620 | ₹ 20,417 | ₹ 1,93,493 |
| 4 | ₹ 1,93,493 | ₹ 12,893 | ₹ 1,00,841 |
| 5 | ₹ 1,00,841 | ₹ 4,703 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 4,28,695, EMI of ₹ 8,795, tenure of 5 years, interest rate of 8.5% p.a