Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Bolero Neo
On Road Price Price Details
₹ 11,43,722
Ex-Showroom Price
₹ 9,94,599
Compr. Insurance
Comprehensive Insurance
₹ 56,400
RTO - Individual
₹ 1,57,723
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 65,000
On Road Price
₹ 11,43,722
Down Payment
₹ 1,14,372
Loan Amount
₹ 10,29,350
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 21,218
Loan Amount
₹ 10,29,350
Estimated Monthly Payment
₹ 21,218/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: ₹ 5,719
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 | ₹ 10,29,350 | ₹ 82,810 | ₹ 8,57,543 |
| 2 | ₹ 8,57,543 | ₹ 67,252 | ₹ 6,70,179 |
| 3 | ₹ 6,70,179 | ₹ 50,285 | ₹ 4,65,847 |
| 4 | ₹ 4,65,847 | ₹ 31,782 | ₹ 2,43,013 |
| 5 | ₹ 2,43,013 | ₹ 11,604 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,29,350, EMI of ₹ 21,218, tenure of 5 years, interest rate of 8.7% p.a