Loan
Lease
Tata Altroz
On Road Price Price Details
₹ 7,89,118
Ex-Showroom Price
₹ 6,59,900
Compr. Insurance
Comprehensive Insurance
₹ 43,500
RTO - Individual
₹ 1,05,718
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 20,000
On Road Price
₹ 7,89,118
Loan Amount
₹ 7,89,118
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 16,190
Loan Amount
₹ 7,89,118
Estimated Monthly Payment
₹ 16,190/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 3,946
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 7,89,118 | ₹ 62,000 | ₹ 6,56,839 |
| 2 | ₹ 6,56,839 | ₹ 50,308 | ₹ 5,12,868 |
| 3 | ₹ 5,12,868 | ₹ 37,582 | ₹ 3,56,170 |
| 4 | ₹ 3,56,170 | ₹ 23,732 | ₹ 1,85,623 |
| 5 | ₹ 1,85,623 | ₹ 8,657 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,89,118, EMI of ₹ 16,190, tenure of 5 years, interest rate of 8.5% p.a