Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Hector
On Road Price Price Details
₹ 17,73,234
Ex-Showroom Price
₹ 14,00,000
Compr. Insurance
Comprehensive Insurance
₹ 83,455
RTO - Individual
₹ 2,75,779
TCS
₹ 14,000
Depot Charges
₹ 0
On Road Price
₹ 17,73,234
Down Payment
₹ 1,77,323
Loan Amount
₹ 15,95,911
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 32,436
Loan Amount
₹ 15,95,911
Estimated Monthly Payment
₹ 32,436/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 | ₹ 15,95,911 | ₹ 1,19,397 | ₹ 13,26,079 |
| 2 | ₹ 13,26,079 | ₹ 96,711 | ₹ 10,33,561 |
| 3 | ₹ 10,33,561 | ₹ 72,117 | ₹ 7,16,449 |
| 4 | ₹ 7,16,449 | ₹ 45,456 | ₹ 3,72,676 |
| 5 | ₹ 3,72,676 | ₹ 16,553 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,95,911, EMI of ₹ 32,436, tenure of 5 years, interest rate of 8.1% p.a
