Mercedes E-class

On Road Price Price Details

₹ 88,73,755

Loan Amount

₹ 88,73,755

Estimated Monthly Payment

₹ 1,82,059/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: ₹ 8,000

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₹ 88,73,755₹ 6,97,205₹ 73,86,256
2₹ 73,86,256₹ 5,65,723₹ 57,67,275
3₹ 57,67,275₹ 4,22,620₹ 40,05,191
4₹ 40,05,191₹ 2,66,868₹ 20,87,355
5₹ 20,87,355₹ 97,349₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 88,73,755, EMI of ₹ 1,82,059, tenure of 5 years, interest rate of 8.5% p.a