Mr. Thirupathi R took out an auto loan of Rs. 619,500 from HDFC Bank Ltd payable over 60 monthly installments of Rs. 12,980 each. The repayment schedule shows the due date, installment amount, principal paid, interest for each period, and outstanding principal balance decreasing with each payment. After making the last payment of Rs. 12,877, the full amount financed will be repaid.
Mr. Thirupathi R took out an auto loan of Rs. 619,500 from HDFC Bank Ltd payable over 60 monthly installments of Rs. 12,980 each. The repayment schedule shows the due date, installment amount, principal paid, interest for each period, and outstanding principal balance decreasing with each payment. After making the last payment of Rs. 12,877, the full amount financed will be repaid.
Mr. Thirupathi R took out an auto loan of Rs. 619,500 from HDFC Bank Ltd payable over 60 monthly installments of Rs. 12,980 each. The repayment schedule shows the due date, installment amount, principal paid, interest for each period, and outstanding principal balance decreasing with each payment. After making the last payment of Rs. 12,877, the full amount financed will be repaid.