Loan
Lease
Maruti-suzuki Grand Vitara
On Road Price Price Details
₹ 13,36,141
Ex-Showroom Price
₹ 10,99,000
Compr. Insurance
Comprehensive Insurance
₹ 36,405
RTO - Individual
₹ 2,09,746
TCS
₹ 10,990
Depot Charges
₹ 0
Cash Discount
- ₹ 20,000
On Road Price
₹ 13,36,141
Down Payment
₹ 1,33,614
Loan Amount
₹ 12,02,527
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 24,788
Loan Amount
₹ 12,02,527
Estimated Monthly Payment
₹ 24,788/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 6,681
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 | ₹ 12,02,527 | ₹ 96,742 | ₹ 10,01,816 |
2 | ₹ 10,01,816 | ₹ 78,566 | ₹ 7,82,929 |
3 | ₹ 7,82,929 | ₹ 58,745 | ₹ 5,44,221 |
4 | ₹ 5,44,221 | ₹ 37,129 | ₹ 2,83,897 |
5 | ₹ 2,83,897 | ₹ 13,556 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 12,02,527, EMI of ₹ 24,788, tenure of 5 years, interest rate of 8.7% p.a