Renault Kwid

On Road Price Price Details

₹ 5,81,451

Loan Amount

₹ 5,81,451

Estimated Monthly Payment

₹ 11,929/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: ₹ 5,815

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₹ 5,81,451₹ 45,684₹ 4,83,983
2₹ 4,83,983₹ 37,069₹ 3,77,900
3₹ 3,77,900₹ 27,692₹ 2,62,439
4₹ 2,62,439₹ 17,486₹ 1,36,774
5₹ 1,36,774₹ 6,379₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 5,81,451, EMI of ₹ 11,929, tenure of 5 years, interest rate of 8.5% p.a