Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Marazzo
On Road Price Price Details
₹ 17,26,845
Ex-Showroom Price
₹ 14,59,400
Compr. Insurance
Comprehensive Insurance
₹ 75,800
RTO - Individual
₹ 2,78,551
TCS
₹ 14,594
Depot Charges
₹ 0
Cash Discount
- ₹ 1,01,500
On Road Price
₹ 17,26,845
Down Payment
₹ 1,72,685
Loan Amount
₹ 15,54,160
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 32,036
Loan Amount
₹ 15,54,160
Estimated Monthly Payment
₹ 32,036/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: ₹ 8,000
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 | ₹ 15,54,160 | ₹ 1,25,030 | ₹ 12,94,758 |
| 2 | ₹ 12,94,758 | ₹ 1,01,540 | ₹ 10,11,867 |
| 3 | ₹ 10,11,867 | ₹ 75,923 | ₹ 7,03,358 |
| 4 | ₹ 7,03,358 | ₹ 47,986 | ₹ 3,66,912 |
| 5 | ₹ 3,66,912 | ₹ 17,520 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,54,160, EMI of ₹ 32,036, tenure of 5 years, interest rate of 8.7% p.a