Mercedes Gla

On Road Price Price Details

₹ 57,04,430

Loan Amount

₹ 57,04,430

Estimated Monthly Payment

₹ 1,17,035/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₹ 57,04,430₹ 4,48,193₹ 47,48,202
2₹ 47,48,202₹ 3,63,671₹ 37,07,452
3₹ 37,07,452₹ 2,71,678₹ 25,74,709
4₹ 25,74,709₹ 1,71,554₹ 13,41,841
5₹ 13,41,841₹ 62,580₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 57,04,430, EMI of ₹ 1,17,035, tenure of 5 years, interest rate of 8.5% p.a