Loan
Lease
Skoda Octavia
On Road Price Price Details
₹ 34,26,752
Ex-Showroom Price
₹ 27,35,000
Compr. Insurance
Comprehensive Insurance
₹ 1,14,647
RTO - Individual
₹ 5,49,755
TCS
₹ 27,350
Depot Charges
₹ 0
On Road Price
₹ 34,26,752
Down Payment
₹ 3,42,675
Loan Amount
₹ 30,84,077
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 63,572
Loan Amount
₹ 30,84,077
Estimated Monthly Payment
₹ 63,572/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 | ₹ 30,84,077 | ₹ 2,48,110 | ₹ 25,69,320 |
| 2 | ₹ 25,69,320 | ₹ 2,01,496 | ₹ 20,07,949 |
| 3 | ₹ 20,07,949 | ₹ 1,50,662 | ₹ 13,95,744 |
| 4 | ₹ 13,95,744 | ₹ 95,224 | ₹ 7,28,101 |
| 5 | ₹ 7,28,101 | ₹ 34,766 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 30,84,077, EMI of ₹ 63,572, tenure of 5 years, interest rate of 8.7% p.a