Maruti-suzuki Ignis

On Road Price Price Details

₹ 6,12,229

Loan Amount

₹ 6,12,229

Estimated Monthly Payment

₹ 12,561/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: ₹ 1.00

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,000.00

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 6,12,229₹ 48,102₹ 5,09,602
2₹ 5,09,602₹ 39,031₹ 3,97,903
3₹ 3,97,903₹ 29,158₹ 2,76,331
4₹ 2,76,331₹ 18,412₹ 1,44,013
5₹ 1,44,013₹ 6,716₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,12,229, EMI of ₹ 12,561, tenure of 5 years, interest rate of 8.5% p.a