Mercedes C-class

On Road Price Price Details

₹ 77,16,588

Loan Amount

₹ 69,44,929

Estimated Monthly Payment

₹ 1,43,156/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 69,44,929₹ 5,58,711₹ 57,85,765
2₹ 57,85,765₹ 4,53,743₹ 45,21,633
3₹ 45,21,633₹ 3,39,271₹ 31,43,029
4₹ 31,43,029₹ 2,14,432₹ 16,39,586
5₹ 16,39,586₹ 78,289₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 69,44,929, EMI of ₹ 1,43,156, tenure of 5 years, interest rate of 8.7% p.a