Mercedes Eqc

On Road Price Price Details

₹ 1,14,31,626

Loan Amount

₹ 1,14,31,626

Estimated Monthly Payment

₹ 2,34,537/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: ₹ 1.00

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,000.00

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,14,31,626₹ 8,98,175₹ 95,15,353
2₹ 95,15,353₹ 7,28,794₹ 74,29,699
3₹ 74,29,699₹ 5,44,441₹ 51,59,693
4₹ 51,59,693₹ 3,43,793₹ 26,89,038
5₹ 26,89,038₹ 1,25,410₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,14,31,626, EMI of ₹ 2,34,537, tenure of 5 years, interest rate of 8.5% p.a