Jeep Grand Cherokee Car Loan EMI Calculator
Jeep Grand Cherokee EMI starts at 1,63,225 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 15.79 Lakh. Jeep Grand Cherokee price starts at ₹ 96.29 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Limited (O) 4x4 AT
City
Mumbai
Adjust Grand Cherokee Car Loan Parameters
On-Road Price
₹ 96,28,567₹ 1,63,225 for 5 Years
Jeep Grand Cherokee Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 13,63,999 | ₹ 5,94,701 | ₹ 66,86,001 |
24 | ₹ 14,77,209 | ₹ 4,81,491 | ₹ 52,08,792 |
36 | ₹ 15,99,818 | ₹ 3,58,882 | ₹ 36,08,974 |
48 | ₹ 17,32,602 | ₹ 2,26,098 | ₹ 18,76,372 |
60 | ₹ 18,76,372 | ₹ 82,292 | ₹ 0 |
Jeep Grand Cherokee EMI
Jeep Grand Cherokee Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 15,78,567
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Limited (O) 4x4 AT ₹ 96,28,567 | ₹15,78,567 | ₹1,63,225 |
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Explore more about Jeep Grand Cherokee
Grand Cherokee EMI FAQs
Here is how - Jeep Grand Cherokee price starts from ₹ 96,28,567 in Mumbai. If you pay a down payment of ₹ 15,78,567 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,63,225.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
Limited (O) 4x4 AT | ₹ 96,28,567 | ₹ 80,50,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Grand Cherokee Limited (O) 4x4 AT will be ₹ 1,50,073 but you will have to pay interest of ₹ 45,56,132 over the period of 7 years.
- 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 3,01,724, but your interest payment will be only ₹ 28,12,064 over the 3 years period.