Mercedes G-class

On Road Price Price Details

₹ 2,05,50,368

Loan Amount

₹ 2,05,50,368

Estimated Monthly Payment

₹ 4,21,622/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: ₹ 2,05,503.68

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 1,02,751.84

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 2,05,50,368₹ 16,14,628₹ 1,71,05,529
2₹ 1,71,05,529₹ 13,10,136₹ 1,33,56,198
3₹ 1,33,56,198₹ 9,78,729₹ 92,75,459
4₹ 92,75,459₹ 6,18,029₹ 48,34,021
5₹ 48,34,021₹ 2,25,446₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 2,05,50,368, EMI of ₹ 4,21,622, tenure of 5 years, interest rate of 8.5% p.a