Mercedes Gla

On Road Price Price Details

₹ 63,98,068

Loan Amount

₹ 57,58,261

Estimated Monthly Payment

₹ 1,18,695/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 57,58,261₹ 4,63,245₹ 47,97,161
2₹ 47,97,161₹ 3,76,213₹ 37,49,030
3₹ 37,49,030₹ 2,81,300₹ 26,05,985
4₹ 26,05,985₹ 1,77,792₹ 13,59,433
5₹ 13,59,433₹ 64,912₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 57,58,261, EMI of ₹ 1,18,695, tenure of 5 years, interest rate of 8.7% p.a