Mercedes Glc

On Road Price Price Details

₹ 74,67,122

Loan Amount

₹ 74,67,122

Estimated Monthly Payment

₹ 1,53,199/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: ₹ 1.00

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,000.00

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 74,67,122₹ 5,86,687₹ 62,15,415
2₹ 62,15,415₹ 4,76,047₹ 48,53,069
3₹ 48,53,069₹ 3,55,628₹ 33,70,304
4₹ 33,70,304₹ 2,24,565₹ 17,56,476
5₹ 17,56,476₹ 81,917₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 74,67,122, EMI of ₹ 1,53,199, tenure of 5 years, interest rate of 8.5% p.a