Loan
Lease
Renault Kwid
On Road Price Price Details
₹ 5,66,070
Ex-Showroom Price
₹ 4,69,500
Compr. Insurance
Comprehensive Insurance
₹ 25,657
RTO - Individual
₹ 70,913
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 5,66,070
Down Payment
₹ 56,607
Loan Amount
₹ 5,09,463
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 10,502
Loan Amount
₹ 5,09,463
Estimated Monthly Payment
₹ 10,502/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 5,661
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
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 | ₹ 5,09,463 | ₹ 40,986 | ₹ 4,24,430 |
| 2 | ₹ 4,24,430 | ₹ 33,285 | ₹ 3,31,696 |
| 3 | ₹ 3,31,696 | ₹ 24,888 | ₹ 2,30,565 |
| 4 | ₹ 2,30,565 | ₹ 15,730 | ₹ 1,20,276 |
| 5 | ₹ 1,20,276 | ₹ 5,743 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 5,09,463, EMI of ₹ 10,502, tenure of 5 years, interest rate of 8.7% p.a