Loan
Lease
Maruti-suzuki Ignis
On Road Price Price Details
₹ 6,69,420
Ex-Showroom Price
₹ 5,84,000
Compr. Insurance
Comprehensive Insurance
₹ 27,205
RTO - Individual
₹ 93,215
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 35,000
On Road Price
₹ 6,69,420
Down Payment
₹ 66,942
Loan Amount
₹ 6,02,478
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 12,419
Loan Amount
₹ 6,02,478
Estimated Monthly Payment
₹ 12,419/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 6,694
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 | ₹ 6,02,478 | ₹ 48,469 | ₹ 5,01,920 |
| 2 | ₹ 5,01,920 | ₹ 39,363 | ₹ 3,92,255 |
| 3 | ₹ 3,92,255 | ₹ 29,432 | ₹ 2,72,660 |
| 4 | ₹ 2,72,660 | ₹ 18,602 | ₹ 1,42,235 |
| 5 | ₹ 1,42,235 | ₹ 6,792 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 6,02,478, EMI of ₹ 12,419, tenure of 5 years, interest rate of 8.7% p.a