Mercedes Eqc

On Road Price Price Details

₹ 1,06,35,062

Loan Amount

₹ 1,06,35,062

Estimated Monthly Payment

₹ 2,18,195/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,06,35,062₹ 8,35,589₹ 88,52,317
2₹ 88,52,317₹ 6,78,011₹ 69,11,993
3₹ 69,11,993₹ 5,06,504₹ 48,00,162
4₹ 48,00,162₹ 3,19,837₹ 25,01,664
5₹ 25,01,664₹ 1,16,671₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,06,35,062, EMI of ₹ 2,18,195, tenure of 5 years, interest rate of 8.5% p.a