Premier Padmini Car Loan EMI Calculator
Premier Padmini EMI starts at 3,954 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.17 Lakh. Premier Padmini price starts at ₹ 2.12 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Std
City
Mumbai
Adjust Padmini Car Loan Parameters
On-Road Price
₹ 2,11,750₹ 3,954 for 5 Years
Premier Padmini 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 | ₹ 33,047 | ₹ 14,401 | ₹ 1,61,953 |
24 | ₹ 35,792 | ₹ 11,656 | ₹ 1,26,161 |
36 | ₹ 38,760 | ₹ 8,688 | ₹ 87,401 |
48 | ₹ 41,980 | ₹ 5,468 | ₹ 45,421 |
60 | ₹ 45,421 | ₹ 1,983 | ₹ 0 |
Premier Padmini EMI
Premier Padmini Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 16,750
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Std ₹ 2,11,750 | ₹16,750 | ₹3,954 |
Check Car Loan EMIs of Premier Padmini Similar Cars
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On-Road Price, Mumbai
Explore more about Premier Padmini
Padmini EMI FAQs
Here is how - Premier Padmini price starts from ₹ 2,11,750 in Mumbai. If you pay a down payment of ₹ 16,750 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 3,954.
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 |
---|---|---|
Std | ₹ 2,11,750 | ₹ 1,95,000 |
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 Padmini Std will be ₹ 3,300 but you will have to pay interest of ₹ 82,200 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 ₹ 6,635, but your interest payment will be only ₹ 43,860 over the 3 years period.