Maruti-suzuki Ignis

On Road Price Price Details

₹ 7,04,420

Loan Amount

₹ 7,04,420

Estimated Monthly Payment

₹ 14,452/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: ₹ 3,522

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₹ 7,04,420₹ 55,346₹ 5,86,339
2₹ 5,86,339₹ 44,908₹ 4,57,820
3₹ 4,57,820₹ 33,549₹ 3,17,942
4₹ 3,17,942₹ 21,185₹ 1,65,699
5₹ 1,65,699₹ 7,728₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 7,04,420, EMI of ₹ 14,452, tenure of 5 years, interest rate of 8.5% p.a