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Mercedes Gls

On Road Price Price Details

₹ 1,64,90,445


Loan Amount

₹ 1,48,41,400

Estimated Monthly Payment

₹ 3,01,641/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,48,41,400₹ 11,10,352₹ 1,23,32,062
2₹ 1,23,32,062₹ 8,99,377₹ 96,11,748
3₹ 96,11,748₹ 6,70,665₹ 66,62,723
4₹ 66,62,723₹ 4,22,723₹ 34,65,755
5₹ 34,65,755₹ 1,53,935₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,48,41,400, EMI of ₹ 3,01,641, tenure of 5 years, interest rate of 8.1% p.a

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