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
Down Payment
₹ 42,870
Loan Amount
₹ 3,85,825
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 7,953
Loan Amount
₹ 3,85,825
Estimated Monthly Payment
₹ 7,953/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 4,287
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
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 | ₹ 3,85,825 | ₹ 31,039 | ₹ 3,21,428 |
| 2 | ₹ 3,21,428 | ₹ 25,208 | ₹ 2,51,199 |
| 3 | ₹ 2,51,199 | ₹ 18,848 | ₹ 1,74,611 |
| 4 | ₹ 1,74,611 | ₹ 11,913 | ₹ 91,087 |
| 5 | ₹ 91,087 | ₹ 4,349 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 3,85,825, EMI of ₹ 7,953, tenure of 5 years, interest rate of 8.7% p.a