Loan
Lease
Corporate Lease Check
Individual Lease Check
Jeep Meridian
On Road Price Price Details
₹ 31,80,593
Ex-Showroom Price
₹ 24,99,000
Compr. Insurance
Comprehensive Insurance
₹ 1,42,560
RTO - Individual
₹ 5,04,043
TCS
₹ 24,990
Depot Charges
₹ 10,000
On Road Price
₹ 31,80,593
Down Payment
₹ 3,18,059
Loan Amount
₹ 28,62,534
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 59,006
Loan Amount
₹ 28,62,534
Estimated Monthly Payment
₹ 59,006/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: ₹ 8,000
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 | ₹ 28,62,534 | ₹ 2,30,287 | ₹ 23,84,754 |
| 2 | ₹ 23,84,754 | ₹ 1,87,022 | ₹ 18,63,709 |
| 3 | ₹ 18,63,709 | ₹ 1,39,839 | ₹ 12,95,482 |
| 4 | ₹ 12,95,482 | ₹ 88,384 | ₹ 6,75,798 |
| 5 | ₹ 6,75,798 | ₹ 32,269 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 28,62,534, EMI of ₹ 59,006, tenure of 5 years, interest rate of 8.7% p.a