Mercedes Gls

On Road Price Price Details

₹ 1,46,77,838

Loan Amount

₹ 1,46,77,838

Estimated Monthly Payment

₹ 3,01,138/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₹ 1,46,77,838₹ 11,53,228₹ 1,22,17,406
2₹ 1,22,17,406₹ 9,35,748₹ 95,39,494
3₹ 95,39,494₹ 6,99,045₹ 66,24,878
4₹ 66,24,878₹ 4,41,419₹ 34,52,638
5₹ 34,52,638₹ 1,61,022₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,46,77,838, EMI of ₹ 3,01,138, tenure of 5 years, interest rate of 8.5% p.a