Mercedes Gle

On Road Price Price Details

₹ 1,08,67,108

Loan Amount

₹ 1,08,67,108

Estimated Monthly Payment

₹ 2,22,955/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₹ 1,08,67,108₹ 8,53,821₹ 90,45,465
2₹ 90,45,465₹ 6,92,805₹ 70,62,805
3₹ 70,62,805₹ 5,17,555₹ 49,04,896
4₹ 49,04,896₹ 3,26,816₹ 25,56,248
5₹ 25,56,248₹ 1,19,217₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,08,67,108, EMI of ₹ 2,22,955, tenure of 5 years, interest rate of 8.5% p.a