Loan
Lease
Lease Assessment Form
Tata Tiago Ev
On Road Price Price Details
₹ 7,49,346
Ex-Showroom Price
₹ 6,99,000
Compr. Insurance
Comprehensive Insurance
₹ 45,596
RTO - Individual
₹ 4,750
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 7,49,346
Down Payment
₹ 74,935
Loan Amount
₹ 6,74,411
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 13,707
Loan Amount
₹ 6,74,411
Estimated Monthly Payment
₹ 13,707/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 3,747
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 6,74,411 | ₹ 50,456 | ₹ 5,60,384 |
| 2 | ₹ 5,60,384 | ₹ 40,869 | ₹ 4,36,769 |
| 3 | ₹ 4,36,769 | ₹ 30,476 | ₹ 3,02,762 |
| 4 | ₹ 3,02,762 | ₹ 19,209 | ₹ 1,57,488 |
| 5 | ₹ 1,57,488 | ₹ 6,995 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 6,74,411, EMI of ₹ 13,707, tenure of 5 years, interest rate of 8.1% p.a
