Loan
Lease
Corporate Lease Check
Individual Lease Check
Mahindra Marazzo
On Road Price Price Details
₹ 16,07,994
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
- ₹ 2,20,351
On Road Price
₹ 16,07,994
Down Payment
₹ 1,60,799
Loan Amount
₹ 14,47,195
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 29,831
Loan Amount
₹ 14,47,195
Estimated Monthly Payment
₹ 29,831/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 | ₹ 14,47,195 | ₹ 1,16,425 | ₹ 12,05,647 |
| 2 | ₹ 12,05,647 | ₹ 94,552 | ₹ 9,42,225 |
| 3 | ₹ 9,42,225 | ₹ 70,698 | ₹ 6,54,949 |
| 4 | ₹ 6,54,949 | ₹ 44,684 | ₹ 3,41,659 |
| 5 | ₹ 3,41,659 | ₹ 16,314 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,47,195, EMI of ₹ 29,831, tenure of 5 years, interest rate of 8.7% p.a