Mercedes Gle

On Road Price Price Details

₹ 1,21,40,412

Loan Amount

₹ 1,21,40,412

Estimated Monthly Payment

₹ 2,49,079/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,21,40,412₹ 9,53,864₹ 1,01,05,326
2₹ 1,01,05,326₹ 7,73,981₹ 78,90,357
3₹ 78,90,357₹ 5,78,198₹ 54,79,605
4₹ 54,79,605₹ 3,65,109₹ 28,55,764
5₹ 28,55,764₹ 1,33,185₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,21,40,412, EMI of ₹ 2,49,079, tenure of 5 years, interest rate of 8.5% p.a