Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes S-class
On Road Price Price Details
₹ 2,18,85,774
Ex-Showroom Price
₹ 1,77,85,000
Compr. Insurance
Comprehensive Insurance
₹ 7,21,124
RTO - Individual
₹ 32,01,800
TCS
₹ 1,77,850
Depot Charges
₹ 0
On Road Price
₹ 2,18,85,774
Down Payment
₹ 21,88,577
Loan Amount
₹ 1,96,97,197
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 4,00,331
Loan Amount
₹ 1,96,97,197
Estimated Monthly Payment
₹ 4,00,331/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 1,96,97,197 | ₹ 14,73,636 | ₹ 1,63,66,855 |
| 2 | ₹ 1,63,66,855 | ₹ 11,93,635 | ₹ 1,27,56,512 |
| 3 | ₹ 1,27,56,512 | ₹ 8,90,092 | ₹ 88,42,627 |
| 4 | ₹ 88,42,627 | ₹ 5,61,029 | ₹ 45,99,678 |
| 5 | ₹ 45,99,678 | ₹ 2,04,300 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,96,97,197, EMI of ₹ 4,00,331, tenure of 5 years, interest rate of 8.1% p.a
