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Mercedes Gla

On Road Price Price Details

₹ 62,39,758


Loan Amount

₹ 56,15,782

Estimated Monthly Payment

₹ 1,14,137/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 56,15,782₹ 4,20,142₹ 46,66,283
2₹ 46,66,283₹ 3,40,312₹ 36,36,954
3₹ 36,36,954₹ 2,53,770₹ 25,21,083
4₹ 25,21,083₹ 1,59,953₹ 13,11,394
5₹ 13,11,394₹ 58,247₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 56,15,782, EMI of ₹ 1,14,137, tenure of 5 years, interest rate of 8.1% p.a

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