Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Comet Ev
On Road Price Price Details
₹ 7,80,400
Ex-Showroom Price
₹ 7,49,800
Compr. Insurance
Comprehensive Insurance
₹ 42,500
RTO - Individual
₹ 8,100
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 20,000
On Road Price
₹ 7,80,400
Down Payment
₹ 78,040
Loan Amount
₹ 7,02,360
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 14,275
Loan Amount
₹ 7,02,360
Estimated Monthly Payment
₹ 14,275/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: ₹ 3,902
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 | ₹ 7,02,360 | ₹ 52,547 | ₹ 5,83,607 |
| 2 | ₹ 5,83,607 | ₹ 42,562 | ₹ 4,54,870 |
| 3 | ₹ 4,54,870 | ₹ 31,739 | ₹ 3,15,309 |
| 4 | ₹ 3,15,309 | ₹ 20,005 | ₹ 1,64,015 |
| 5 | ₹ 1,64,015 | ₹ 7,285 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,02,360, EMI of ₹ 14,275, tenure of 5 years, interest rate of 8.1% p.a
