Skoda Octavia

On Road Price Price Details

₹ 34,26,752

Loan Amount

₹ 34,26,752

Estimated Monthly Payment

₹ 70,305/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: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

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₹ 34,26,752₹ 2,69,238₹ 28,52,329
2₹ 28,52,329₹ 2,18,464₹ 22,27,132
3₹ 22,27,132₹ 1,63,202₹ 15,46,673
4₹ 15,46,673₹ 1,03,056₹ 8,06,068
5₹ 8,06,068₹ 37,593₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 34,26,752, EMI of ₹ 70,305, tenure of 5 years, interest rate of 8.5% p.a