Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Zs Ev
On Road Price Price Details
₹ 20,30,080
Ex-Showroom Price
₹ 18,98,000
Compr. Insurance
Comprehensive Insurance
₹ 1,05,000
RTO - Individual
₹ 8,100
TCS
₹ 18,980
Depot Charges
₹ 0
On Road Price
₹ 20,30,080
Down Payment
₹ 2,03,008
Loan Amount
₹ 18,27,072
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 37,662
Loan Amount
₹ 18,27,072
Estimated Monthly Payment
₹ 37,662/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 18,27,072 | ₹ 1,46,986 | ₹ 15,22,119 |
| 2 | ₹ 15,22,119 | ₹ 1,19,371 | ₹ 11,89,551 |
| 3 | ₹ 11,89,551 | ₹ 89,255 | ₹ 8,26,868 |
| 4 | ₹ 8,26,868 | ₹ 56,413 | ₹ 4,31,342 |
| 5 | ₹ 4,31,342 | ₹ 20,596 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 18,27,072, EMI of ₹ 37,662, tenure of 5 years, interest rate of 8.7% p.a