Maruti-suzuki Ignis

On Road Price Price Details

₹ 7,35,333

Loan Amount

₹ 6,61,800

Estimated Monthly Payment

₹ 13,642/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 3,677

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 6,61,800₹ 53,241₹ 5,51,340
2₹ 5,51,340₹ 43,238₹ 4,30,878
3₹ 4,30,878₹ 32,330₹ 2,99,507
4₹ 2,99,507₹ 20,434₹ 1,56,240
5₹ 1,56,240₹ 7,460₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,61,800, EMI of ₹ 13,642, tenure of 5 years, interest rate of 8.7% p.a