Maruti-suzuki Ertiga

On Road Price Price Details

₹ 10,16,285

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

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,081

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₹ 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