Loan
Lease
Mahindra Bolero Neo
On Road Price Price Details
₹ 11,82,721
Ex-Showroom Price
₹ 9,94,599
Compr. Insurance
Comprehensive Insurance
₹ 56,400
RTO - Individual
₹ 1,57,723
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 26,001
On Road Price
₹ 11,82,721
Down Payment
₹ 1,18,272
Loan Amount
₹ 10,64,449
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 21,942
Loan Amount
₹ 10,64,449
Estimated Monthly Payment
₹ 21,942/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: ₹ 5,914
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 | ₹ 10,64,449 | ₹ 85,634 | ₹ 8,86,784 |
| 2 | ₹ 8,86,784 | ₹ 69,545 | ₹ 6,93,031 |
| 3 | ₹ 6,93,031 | ₹ 52,000 | ₹ 4,81,732 |
| 4 | ₹ 4,81,732 | ₹ 32,866 | ₹ 2,51,299 |
| 5 | ₹ 2,51,299 | ₹ 11,999 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,64,449, EMI of ₹ 21,942, tenure of 5 years, interest rate of 8.7% p.a