Ace DI-550* Tractor EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Tractor Loan

Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Tractor

Option 3) Enter the desired amount and desired interest rate of Tractor to know the emi and finance option

EMI for the tractor you want Suggest the best bank EMI with rate you wish
EMI in Advance EMI in Arrears
To get finance for Ace DI-550* Click Here
Ex-showroom Price of Ace DI-550* : ₹ 8,00,000
Loan Amount : ₹ 6,80,000
Down Payment : ₹ 1,20,000

Document Charges : NA
Processing Fee : ₹ 6,800
MonthsEMIChart
12₹ 59,819View Chart
24₹ 31,693View Chart
36₹ 22,362View Chart
48₹ 17,730View Chart
60₹ 14,976View Chart
72₹ 13,163View Chart
84₹ 11,885View Chart
Total Interest Amount is ₹ 37,828 for the loan amount of ₹ 6,80,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 59,819₹ 6,202₹ 53,617₹ 5,66,564
2Jun-2022₹ 59,819₹ 5,666₹ 54,153₹ 5,12,411
3Jul-2022₹ 59,819₹ 5,124₹ 54,695₹ 4,57,716
4Aug-2022₹ 59,819₹ 4,577₹ 55,242₹ 4,02,474
5Sep-2022₹ 59,819₹ 4,025₹ 55,794₹ 3,46,680
6Oct-2022₹ 59,819₹ 3,467₹ 56,352₹ 2,90,328
7Nov-2022₹ 59,819₹ 2,903₹ 56,916₹ 2,33,412
8Dec-2022₹ 59,819₹ 2,334₹ 57,485₹ 1,75,927
9Jan-2023₹ 59,819₹ 1,759₹ 58,060₹ 1,17,867
10Feb-2023₹ 59,819₹ 1,179₹ 58,640₹ 59,227
11Mar-2023₹ 59,819₹ 592₹ 59,2270
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on tractor loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the tractor. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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