Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Hector Plus
On Road Price Price Details
₹ 19,14,365
Ex-Showroom Price
₹ 16,05,000
Compr. Insurance
Comprehensive Insurance
₹ 83,852
RTO - Individual
₹ 3,14,463
TCS
₹ 16,050
Depot Charges
₹ 0
Cash Discount
- ₹ 1,05,000
On Road Price
₹ 19,14,365
Down Payment
₹ 1,91,437
Loan Amount
₹ 17,22,928
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 35,017
Loan Amount
₹ 17,22,928
Estimated Monthly Payment
₹ 35,017/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 | ₹ 17,22,928 | ₹ 1,28,900 | ₹ 14,31,621 |
| 2 | ₹ 14,31,621 | ₹ 1,04,408 | ₹ 11,15,821 |
| 3 | ₹ 11,15,821 | ₹ 77,857 | ₹ 7,73,471 |
| 4 | ₹ 7,73,471 | ₹ 49,074 | ₹ 4,02,337 |
| 5 | ₹ 4,02,337 | ₹ 17,870 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 17,22,928, EMI of ₹ 35,017, tenure of 5 years, interest rate of 8.1% p.a
