Loan
Lease
Maruti-suzuki Alto K10
On Road Price Price Details
₹ 4,47,799
Ex-Showroom Price
₹ 3,99,000
Compr. Insurance
Comprehensive Insurance
₹ 22,611
RTO - Individual
₹ 61,188
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 35,000
On Road Price
₹ 4,47,799
Down Payment
₹ 44,780
Loan Amount
₹ 4,03,019
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 8,307
Loan Amount
₹ 4,03,019
Estimated Monthly Payment
₹ 8,307/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 4,478
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
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 | ₹ 4,03,019 | ₹ 32,422 | ₹ 3,35,752 |
| 2 | ₹ 3,35,752 | ₹ 26,331 | ₹ 2,62,393 |
| 3 | ₹ 2,62,393 | ₹ 19,688 | ₹ 1,82,392 |
| 4 | ₹ 1,82,392 | ₹ 12,444 | ₹ 95,146 |
| 5 | ₹ 95,146 | ₹ 4,543 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 4,03,019, EMI of ₹ 8,307, tenure of 5 years, interest rate of 8.7% p.a