Mercedes Gls

On Road Price Price Details

₹ 1,53,10,432

Loan Amount

₹ 1,53,10,432

Estimated Monthly Payment

₹ 3,14,117/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₹ 1,53,10,432₹ 12,02,930₹ 1,27,43,959
2₹ 1,27,43,959₹ 9,76,077₹ 99,50,632
3₹ 99,50,632₹ 7,29,173₹ 69,10,401
4₹ 69,10,401₹ 4,60,444₹ 36,01,442
5₹ 36,01,442₹ 1,67,962₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,53,10,432, EMI of ₹ 3,14,117, tenure of 5 years, interest rate of 8.5% p.a