Bajaj RE Maxima Diesel Truck EMI calculator

Ex-showroom Price of Bajaj RE Maxima Diesel : ₹ 3,00,000
Loan Amount : ₹ 2,55,000
Down Payment : ₹ 45,000

Document Charges : Rs.250
Processing Fee : ₹ 1,275
MonthsEMIChart
12₹ 22,983View Chart
24₹ 12,487View Chart
36₹ 9,023View Chart
48₹ 7,317View Chart
60₹ 6,314View Chart
72₹ 5,662View Chart
84₹ 5,209View Chart

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 Bajaj RE Maxima Diesel Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Bajaj RE Maxima Diesel Truck
Option 3) Enter the desired amount and desired interest rate of Bajaj RE Maxima Diesel Truck to know the emi and finance option

EMI for the truck you want
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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 20,792 for the loan amount of ₹ 2,55,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Feb-2020₹ 22,983₹ 3,384₹ 19,599₹ 2,12,418
2Mar-2020₹ 22,983₹ 3,098₹ 19,885₹ 1,92,533
3Apr-2020₹ 22,983₹ 2,808₹ 20,175₹ 1,72,358
4May-2020₹ 22,983₹ 2,514₹ 20,469₹ 1,51,889
5Jun-2020₹ 22,983₹ 2,215₹ 20,768₹ 1,31,121
6Jul-2020₹ 22,983₹ 1,912₹ 21,071₹ 1,10,050
7Aug-2020₹ 22,983₹ 1,605₹ 21,378₹ 88,672
8Sep-2020₹ 22,983₹ 1,293₹ 21,690₹ 66,982
9Oct-2020₹ 22,983₹ 977₹ 22,006₹ 44,976
10Nov-2020₹ 22,983₹ 656₹ 22,327₹ 22,649
11Dec-2020₹ 22,983₹ 330₹ 22,6530
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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