Maruti-suzuki Alto

On Road Price Price Details

₹ 4,03,524

Loan Amount

₹ 4,03,524

Estimated Monthly Payment

₹ 8,279/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 4,035

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 3,500

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 4,03,524₹ 31,705₹ 3,35,882
2₹ 3,35,882₹ 25,726₹ 2,62,260
3₹ 2,62,260₹ 19,218₹ 1,82,132
4₹ 1,82,132₹ 12,136₹ 94,920
5₹ 94,920₹ 4,427₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 4,03,524, EMI of ₹ 8,279, tenure of 5 years, interest rate of 8.5% p.a