Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Zs Ev
On Road Price Price Details
₹ 18,45,090
Ex-Showroom Price
₹ 17,99,000
Compr. Insurance
Comprehensive Insurance
₹ 1,05,000
RTO - Individual
₹ 8,100
TCS
₹ 17,990
Depot Charges
₹ 0
Cash Discount
- ₹ 85,000
On Road Price
₹ 18,45,090
Down Payment
₹ 1,84,509
Loan Amount
₹ 16,60,581
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 33,750
Loan Amount
₹ 16,60,581
Estimated Monthly Payment
₹ 33,750/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 | ₹ 16,60,581 | ₹ 1,24,236 | ₹ 13,79,815 |
| 2 | ₹ 13,79,815 | ₹ 1,00,630 | ₹ 10,75,443 |
| 3 | ₹ 10,75,443 | ₹ 75,040 | ₹ 7,45,482 |
| 4 | ₹ 7,45,482 | ₹ 47,298 | ₹ 3,87,778 |
| 5 | ₹ 3,87,778 | ₹ 17,224 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 16,60,581, EMI of ₹ 33,750, tenure of 5 years, interest rate of 8.1% p.a
