Loan
Lease
Tata Nexon
On Road Price Price Details
₹ 9,93,410
Ex-Showroom Price
₹ 8,14,990
Compr. Insurance
Comprehensive Insurance
₹ 48,509
RTO - Individual
₹ 1,29,911
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 9,93,410
Down Payment
₹ 99,341
Loan Amount
₹ 8,94,069
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 18,429
Loan Amount
₹ 8,94,069
Estimated Monthly Payment
₹ 18,429/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: ₹ 4,967
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 | ₹ 8,94,069 | ₹ 71,927 | ₹ 7,44,842 |
| 2 | ₹ 7,44,842 | ₹ 58,414 | ₹ 5,82,101 |
| 3 | ₹ 5,82,101 | ₹ 43,677 | ₹ 4,04,624 |
| 4 | ₹ 4,04,624 | ₹ 27,605 | ₹ 2,11,075 |
| 5 | ₹ 2,11,075 | ₹ 10,079 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 8,94,069, EMI of ₹ 18,429, tenure of 5 years, interest rate of 8.7% p.a