Mahindra Kuv100 Nxt

On Road Price Price Details

₹ 6,98,195

Loan Amount

₹ 6,28,375

Estimated Monthly Payment

₹ 12,953/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 6,982

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 3,500

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 6,28,375₹ 50,552₹ 5,23,494
2₹ 5,23,494₹ 41,055₹ 4,09,116
3₹ 4,09,116₹ 30,697₹ 2,84,380
4₹ 2,84,380₹ 19,402₹ 1,48,349
5₹ 1,48,349₹ 7,084₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,28,375, EMI of ₹ 12,953, tenure of 5 years, interest rate of 8.7% p.a