Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Bolero
On Road Price Price Details
₹ 11,26,261
Ex-Showroom Price
₹ 9,79,400
Compr. Insurance
Comprehensive Insurance
₹ 56,500
RTO - Individual
₹ 1,55,361
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 65,000
On Road Price
₹ 11,26,261
Down Payment
₹ 1,12,626
Loan Amount
₹ 10,13,635
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 20,894
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
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 5,631
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 | ₹ 10,13,635 | ₹ 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