Mercedes-Benz EQB Car Loan EMI Calculator
Mercedes-Benz EQB EMI starts at 1,51,059 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 4.16 Lakh. Mercedes-Benz EQB price starts at ₹ 78.66 Lakh and goes up to ₹ 81.81 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Mercedes-Benz EQB Mercedes-Benz EQB](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/108503/right-front-three-quarter.jpeg?isig=0&q=80)
Variant
300 4MATIC
City
Mumbai
Adjust EQB Car Loan Parameters
On-Road Price
₹ 78,66,440₹ 1,51,059 for 5 Years
Mercedes-Benz EQB 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 | ₹ 12,62,333 | ₹ 5,50,375 | ₹ 61,87,667 |
24 | ₹ 13,67,104 | ₹ 4,45,604 | ₹ 48,20,563 |
36 | ₹ 14,80,575 | ₹ 3,32,133 | ₹ 33,39,988 |
48 | ₹ 16,03,463 | ₹ 2,09,245 | ₹ 17,36,525 |
60 | ₹ 17,36,525 | ₹ 76,156 | ₹ 0 |
Mercedes-Benz EQB EMI
Mercedes-Benz EQB Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 4,16,440
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
300 4MATIC ₹ 78,66,440 | ₹4,16,440 | ₹1,51,059 |
350 4MATIC ₹ 81,81,009 | ₹4,31,009 | ₹1,57,142 |
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Explore more about Mercedes-Benz EQB
EQB EMI FAQs
Here is how - Mercedes-Benz EQB price starts from ₹ 78,66,440 in Mumbai. If you pay a down payment of ₹ 4,16,440 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,51,059.
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 |
---|---|---|
300 4MATIC | ₹ 78,66,440 | ₹ 74,50,000 |
350 4MATIC | ₹ 81,81,009 | ₹ 77,50,000 |
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 EQB 300 4MATIC will be ₹ 1,22,608 but you will have to pay interest of ₹ 28,49,072 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 ₹ 2,46,506, but your interest payment will be only ₹ 14,24,216 over the 3 years period.