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Mercedes E-class

On Road Price Price Details

₹ 96,87,274


Loan Amount

₹ 87,18,547

Estimated Monthly Payment

₹ 1,77,198/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₹ 87,18,547₹ 6,52,274₹ 72,44,442
2₹ 72,44,442₹ 5,28,337₹ 56,46,400
3₹ 56,46,400₹ 3,93,980₹ 39,14,001
4₹ 39,14,001₹ 2,48,328₹ 20,35,950
5₹ 20,35,950₹ 90,429₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 87,18,547, EMI of ₹ 1,77,198, tenure of 5 years, interest rate of 8.1% p.a

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