Mercedes Gls

On Road Price Price Details

₹ 1,44,87,782

Loan Amount

₹ 1,44,87,782

Estimated Monthly Payment

₹ 2,97,239/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: ₹ 1,44,877.82

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 72,438.91

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,44,87,782₹ 11,38,295₹ 1,20,59,209
2₹ 1,20,59,209₹ 9,23,631₹ 94,15,972
3₹ 94,15,972₹ 6,89,993₹ 65,39,096
4₹ 65,39,096₹ 4,35,704₹ 34,07,931
5₹ 34,07,931₹ 1,58,937₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,44,87,782, EMI of ₹ 2,97,239, tenure of 5 years, interest rate of 8.5% p.a