Loan
Lease
Mercedes C-class
On Road Price Price Details
₹ 70,47,972
Ex-Showroom Price
₹ 55,00,000
Compr. Insurance
Comprehensive Insurance
₹ 3,46,666
RTO - Individual
₹ 11,46,306
TCS
₹ 55,000
Depot Charges
₹ 0
On Road Price
₹ 70,47,972
Loan Amount
₹ 70,47,972
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 1,44,600
Loan Amount
₹ 70,47,972
Estimated Monthly Payment
₹ 1,44,600/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 70,47,972 | ₹ 5,53,754 | ₹ 58,66,527 |
| 2 | ₹ 58,66,527 | ₹ 4,49,325 | ₹ 45,80,653 |
| 3 | ₹ 45,80,653 | ₹ 3,35,666 | ₹ 31,81,120 |
| 4 | ₹ 31,81,120 | ₹ 2,11,960 | ₹ 16,57,880 |
| 5 | ₹ 16,57,880 | ₹ 77,319 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 70,47,972, EMI of ₹ 1,44,600, tenure of 5 years, interest rate of 8.5% p.a