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Mg Zs Ev

On Road Price Price Details

₹ 18,30,090


Loan Amount

₹ 16,47,081

Estimated Monthly Payment

₹ 33,476/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 16,47,081₹ 1,23,226₹ 13,68,598
2₹ 13,68,598₹ 99,812₹ 10,66,700
3₹ 10,66,700₹ 74,430₹ 7,39,421
4₹ 7,39,421₹ 46,913₹ 3,84,625
5₹ 3,84,625₹ 17,084₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 16,47,081, EMI of ₹ 33,476, tenure of 5 years, interest rate of 8.1% p.a

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