Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Gloster
On Road Price Price Details
₹ 44,43,313
Ex-Showroom Price
₹ 38,33,000
Compr. Insurance
Comprehensive Insurance
₹ 1,44,550
RTO - Individual
₹ 7,77,433
TCS
₹ 38,330
Depot Charges
₹ 0
Cash Discount
- ₹ 3,50,000
On Road Price
₹ 44,43,313
Down Payment
₹ 4,44,331
Loan Amount
₹ 39,98,982
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 81,276
Loan Amount
₹ 39,98,982
Estimated Monthly Payment
₹ 81,276/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 | ₹ 39,98,982 | ₹ 2,99,182 | ₹ 33,22,846 |
| 2 | ₹ 33,22,846 | ₹ 2,42,335 | ₹ 25,89,864 |
| 3 | ₹ 25,89,864 | ₹ 1,80,709 | ₹ 17,95,256 |
| 4 | ₹ 17,95,256 | ₹ 1,13,902 | ₹ 9,33,840 |
| 5 | ₹ 9,33,840 | ₹ 41,478 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 39,98,982, EMI of ₹ 81,276, tenure of 5 years, interest rate of 8.1% p.a
