Renault Kwid

On Road Price Price Details

₹ 5,51,660

Loan Amount

₹ 5,51,660

Estimated Monthly Payment

₹ 11,318/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 5,517

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 3,500

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 5,51,660₹ 43,344₹ 4,59,186
2₹ 4,59,186₹ 35,170₹ 3,58,538
3₹ 3,58,538₹ 26,273₹ 2,48,993
4₹ 2,48,993₹ 16,591₹ 1,29,766
5₹ 1,29,766₹ 6,052₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 5,51,660, EMI of ₹ 11,318, tenure of 5 years, interest rate of 8.5% p.a