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Mercedes C-class

On Road Price Price Details

₹ 70,80,048


Loan Amount

₹ 63,72,043

Estimated Monthly Payment

₹ 1,29,507/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 63,72,043₹ 4,76,721₹ 52,94,677
2₹ 52,94,677₹ 3,86,141₹ 41,26,732
3₹ 41,26,732₹ 2,87,945₹ 28,60,590
4₹ 28,60,590₹ 1,81,493₹ 14,87,996
5₹ 14,87,996₹ 66,091₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 63,72,043, EMI of ₹ 1,29,507, tenure of 5 years, interest rate of 8.1% p.a

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