Loan
Lease
Maruti-suzuki Ertiga
On Road Price Price Details
₹ 10,16,285
Ex-Showroom Price
₹ 8,49,000
Compr. Insurance
Comprehensive Insurance
₹ 32,750
RTO - Individual
₹ 1,34,535
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 10,16,285
Loan Amount
₹ 10,16,285
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 20,851
Loan Amount
₹ 10,16,285
Estimated Monthly Payment
₹ 20,851/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 5,081
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 | ₹ 10,16,285 | ₹ 79,849 | ₹ 8,45,926 |
| 2 | ₹ 8,45,926 | ₹ 64,791 | ₹ 6,60,509 |
| 3 | ₹ 6,60,509 | ₹ 48,401 | ₹ 4,58,703 |
| 4 | ₹ 4,58,703 | ₹ 30,564 | ₹ 2,39,059 |
| 5 | ₹ 2,39,059 | ₹ 11,149 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,16,285, EMI of ₹ 20,851, tenure of 5 years, interest rate of 8.5% p.a