Mercedes Gle

On Road Price Price Details

₹ 1,09,23,539

Loan Amount

₹ 1,09,23,539

Estimated Monthly Payment

₹ 2,24,113/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: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,09,23,539₹ 8,58,255₹ 90,92,436
2₹ 90,92,436₹ 6,96,402₹ 70,99,481
3₹ 70,99,481₹ 5,20,243₹ 49,30,366
4₹ 49,30,366₹ 3,28,513₹ 25,69,522
5₹ 25,69,522₹ 1,19,836₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,09,23,539, EMI of ₹ 2,24,113, tenure of 5 years, interest rate of 8.5% p.a