Mercedes Gls

On Road Price Price Details

₹ 1,67,16,106

Loan Amount

₹ 1,67,16,106

Estimated Monthly Payment

₹ 3,42,957/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₹ 1,67,16,106₹ 13,13,373₹ 1,39,14,001
2₹ 1,39,14,001₹ 10,65,692₹ 1,08,64,215
3₹ 1,08,64,215₹ 7,96,119₹ 75,44,856
4₹ 75,44,856₹ 5,02,718₹ 39,32,095
5₹ 39,32,095₹ 1,83,383₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,67,16,106, EMI of ₹ 3,42,957, tenure of 5 years, interest rate of 8.5% p.a