Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Gloster
On Road Price Price Details
₹ 49,29,803
Ex-Showroom Price
₹ 39,56,800
Compr. Insurance
Comprehensive Insurance
₹ 1,34,766
RTO - Individual
₹ 7,98,669
TCS
₹ 39,568
Depot Charges
₹ 0
On Road Price
₹ 49,29,803
Down Payment
₹ 4,92,980
Loan Amount
₹ 44,36,823
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 91,456
Loan Amount
₹ 44,36,823
Estimated Monthly Payment
₹ 91,456/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: ₹ 8,000
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 | ₹ 44,36,823 | ₹ 3,56,937 | ₹ 36,96,282 |
| 2 | ₹ 36,96,282 | ₹ 2,89,877 | ₹ 28,88,681 |
| 3 | ₹ 28,88,681 | ₹ 2,16,746 | ₹ 20,07,949 |
| 4 | ₹ 20,07,949 | ₹ 1,36,992 | ₹ 10,47,463 |
| 5 | ₹ 10,47,463 | ₹ 50,015 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 44,36,823, EMI of ₹ 91,456, tenure of 5 years, interest rate of 8.7% p.a