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On Road Price Price Details

₹ 19,55,080

Loan Amount

₹ 17,59,572

Estimated Monthly Payment

₹ 36,270/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 17,59,572₹ 1,41,555₹ 14,65,885
2₹ 14,65,885₹ 1,14,961₹ 11,45,604
3₹ 11,45,604₹ 85,958₹ 7,96,320
4₹ 7,96,320₹ 54,329₹ 4,15,407
5₹ 4,15,407₹ 19,835₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 17,59,572, EMI of ₹ 36,270, tenure of 5 years, interest rate of 8.7% p.a