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Mercedes Glc

On Road Price Price Details

₹ 89,70,784


Loan Amount

₹ 80,73,706

Estimated Monthly Payment

₹ 1,64,092/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₹ 80,73,706₹ 6,04,030₹ 67,08,629
2₹ 67,08,629₹ 4,89,260₹ 52,28,781
3₹ 52,28,781₹ 3,64,841₹ 36,24,514
4₹ 36,24,514₹ 2,29,961₹ 18,85,367
5₹ 18,85,367₹ 83,741₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 80,73,706, EMI of ₹ 1,64,092, tenure of 5 years, interest rate of 8.1% p.a

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