Mercedes G-class

On Road Price Price Details

₹ 2,15,04,601

Loan Amount

₹ 2,15,04,601

Estimated Monthly Payment

₹ 4,41,200/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₹ 2,15,04,601₹ 16,89,602₹ 1,78,99,805
2₹ 1,78,99,805₹ 13,70,970₹ 1,39,76,378
3₹ 1,39,76,378₹ 10,24,175₹ 97,06,155
4₹ 97,06,155₹ 6,46,726₹ 50,58,483
5₹ 50,58,483₹ 2,35,914₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 2,15,04,601, EMI of ₹ 4,41,200, tenure of 5 years, interest rate of 8.5% p.a