Mahindra Bolero

On Road Price Price Details

₹ 11,26,261

Loan Amount

₹ 10,13,635

Estimated Monthly Payment

₹ 20,894/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 5,631

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 10,13,635₹ 81,546₹ 8,44,451
2₹ 8,44,451₹ 66,225₹ 6,59,947
3₹ 6,59,947₹ 49,518₹ 4,58,735
4₹ 4,58,735₹ 31,297₹ 2,39,303
5₹ 2,39,303₹ 11,426₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 10,13,635, EMI of ₹ 20,894, tenure of 5 years, interest rate of 8.7% p.a