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Mercedes C-class

On Road Price Price Details

₹ 71,30,048


Loan Amount

₹ 64,17,043

Estimated Monthly Payment

₹ 1,30,422/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₹ 64,17,043₹ 4,80,088₹ 53,32,069
2₹ 53,32,069₹ 3,88,868₹ 41,55,875
3₹ 41,55,875₹ 2,89,978₹ 28,80,791
4₹ 28,80,791₹ 1,82,775₹ 14,98,504
5₹ 14,98,504₹ 66,558₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 64,17,043, EMI of ₹ 1,30,422, tenure of 5 years, interest rate of 8.1% p.a

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