Mercedes Gls

On Road Price Price Details

₹ 1,67,16,106

Loan Amount

₹ 1,67,16,106

Estimated Monthly Payment

₹ 3,88,088/month

Interest Rate 13.9 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 13.90 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 13.75 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 10.75 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,67,16,106₹ 21,68,981₹ 1,42,28,026
2₹ 1,42,28,026₹ 18,00,232₹ 1,13,71,196
3₹ 1,13,71,196₹ 13,76,831₹ 80,90,966
4₹ 80,90,966₹ 8,90,680₹ 43,24,584
5₹ 43,24,584₹ 3,32,478₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,67,16,106, EMI of ₹ 3,88,088, tenure of 5 years, interest rate of 13.9% p.a