Mercedes Gla

On Road Price Price Details

₹ 56,37,403

Loan Amount

₹ 56,37,403

Estimated Monthly Payment

₹ 1,15,660/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: ₹ 56,374.03

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 28,187.015

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 56,37,403₹ 4,42,927₹ 46,92,410
2₹ 46,92,410₹ 3,59,398₹ 36,63,889
3₹ 36,63,889₹ 2,68,486₹ 25,44,456
4₹ 25,44,456₹ 1,69,538₹ 13,26,075
5₹ 13,26,075₹ 61,845₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 56,37,403, EMI of ₹ 1,15,660, tenure of 5 years, interest rate of 8.5% p.a