Loan
Lease
Tata Altroz
On Road Price Price Details
₹ 7,88,883
Ex-Showroom Price
₹ 6,64,900
Compr. Insurance
Comprehensive Insurance
₹ 42,396
RTO - Individual
₹ 1,06,587
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 25,000
On Road Price
₹ 7,88,883
Down Payment
₹ 78,888
Loan Amount
₹ 7,09,995
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 14,635
Loan Amount
₹ 7,09,995
Estimated Monthly Payment
₹ 14,635/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: ₹ 3,944
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 | ₹ 7,09,995 | ₹ 57,118 | ₹ 5,91,491 |
| 2 | ₹ 5,91,491 | ₹ 46,387 | ₹ 4,62,256 |
| 3 | ₹ 4,62,256 | ₹ 34,684 | ₹ 3,21,319 |
| 4 | ₹ 3,21,319 | ₹ 21,922 | ₹ 1,67,618 |
| 5 | ₹ 1,67,618 | ₹ 8,004 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,09,995, EMI of ₹ 14,635, tenure of 5 years, interest rate of 8.7% p.a