Maruti-suzuki Alto

On Road Price Price Details

₹ 3,62,030

Loan Amount

₹ 3,62,030

Estimated Monthly Payment

₹ 7,428/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: ₹ 3,620.3

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 1,810.15

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 3,62,030₹ 28,444₹ 3,01,343
2₹ 3,01,343₹ 23,080₹ 2,35,292
3₹ 2,35,292₹ 17,242₹ 1,63,403
4₹ 1,63,403₹ 10,888₹ 85,160
5₹ 85,160₹ 3,972₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 3,62,030, EMI of ₹ 7,428, tenure of 5 years, interest rate of 8.5% p.a