Renault Kwid

On Road Price Price Details

₹ 5,81,451

Loan Amount

₹ 5,81,451

Estimated Monthly Payment

₹ 12,141/month

Interest Rate 9.25 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 5,815

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.95 %

Processing Fee: ₹ 3,500

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₹ 5,81,451₹ 49,786₹ 4,85,549
2₹ 4,85,549₹ 40,529₹ 3,80,391
3₹ 3,80,391₹ 30,379₹ 2,65,082
4₹ 2,65,082₹ 19,249₹ 1,38,643
5₹ 1,38,643₹ 7,044₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 5,81,451, EMI of ₹ 12,141, tenure of 5 years, interest rate of 9.25% p.a