Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Zs Ev
On Road Price Price Details
₹ 19,55,080
Ex-Showroom Price
₹ 18,98,000
Compr. Insurance
Comprehensive Insurance
₹ 1,05,000
RTO - Individual
₹ 8,100
TCS
₹ 18,980
Depot Charges
₹ 0
Cash Discount
- ₹ 75,000
On Road Price
₹ 19,55,080
Down Payment
₹ 1,95,508
Loan Amount
₹ 17,59,572
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 36,270
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
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 | ₹ 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