Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Comet Ev
On Road Price Price Details
₹ 7,50,400
Ex-Showroom Price
₹ 6,99,800
Compr. Insurance
Comprehensive Insurance
₹ 42,500
RTO - Individual
₹ 8,100
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 7,50,400
Down Payment
₹ 75,040
Loan Amount
₹ 6,75,360
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 13,921
Loan Amount
₹ 6,75,360
Estimated Monthly Payment
₹ 13,921/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,752
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 6,75,360 | ₹ 54,332 | ₹ 5,62,637 |
| 2 | ₹ 5,62,637 | ₹ 44,124 | ₹ 4,39,706 |
| 3 | ₹ 4,39,706 | ₹ 32,992 | ₹ 3,05,644 |
| 4 | ₹ 3,05,644 | ₹ 20,852 | ₹ 1,59,442 |
| 5 | ₹ 1,59,442 | ₹ 7,613 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 6,75,360, EMI of ₹ 13,921, tenure of 5 years, interest rate of 8.7% p.a