Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Comet Ev
On Road Price Price Details
₹ 8,00,400
Ex-Showroom Price
₹ 7,49,800
Compr. Insurance
Comprehensive Insurance
₹ 42,500
RTO - Individual
₹ 8,100
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 8,00,400
Down Payment
₹ 80,040
Loan Amount
₹ 7,20,360
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 14,641
Loan Amount
₹ 7,20,360
Estimated Monthly Payment
₹ 14,641/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: ₹ 4,002
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 | ₹ 7,20,360 | ₹ 53,893 | ₹ 5,98,564 |
| 2 | ₹ 5,98,564 | ₹ 43,653 | ₹ 4,66,527 |
| 3 | ₹ 4,66,527 | ₹ 32,552 | ₹ 3,23,390 |
| 4 | ₹ 3,23,390 | ₹ 20,518 | ₹ 1,68,218 |
| 5 | ₹ 1,68,218 | ₹ 7,472 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,20,360, EMI of ₹ 14,641, tenure of 5 years, interest rate of 8.1% p.a
