Eicher 371 Super Power 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 Eicher 371 Super Power Click Here
Ex-showroom Price of Eicher 371 Super Power : ₹ 4,75,000
Loan Amount : ₹ 4,03,750
Down Payment : ₹ 71,250

Document Charges : NA
Processing Fee : ₹ 4,038
MonthsEMIChart
12₹ 35,518View Chart
24₹ 18,818View Chart
36₹ 13,278View Chart
48₹ 10,527View Chart
60₹ 8,892View Chart
72₹ 7,815View Chart
84₹ 7,057View Chart
Total Interest Amount is ₹ 22,461 for the loan amount of ₹ 4,03,750
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 35,518₹ 3,682₹ 31,836₹ 3,36,396
2Jun-2024₹ 35,518₹ 3,364₹ 32,154₹ 3,04,242
3Jul-2024₹ 35,518₹ 3,042₹ 32,476₹ 2,71,766
4Aug-2024₹ 35,518₹ 2,718₹ 32,800₹ 2,38,966
5Sep-2024₹ 35,518₹ 2,390₹ 33,128₹ 2,05,838
6Oct-2024₹ 35,518₹ 2,058₹ 33,460₹ 1,72,378
7Nov-2024₹ 35,518₹ 1,724₹ 33,794₹ 1,38,584
8Dec-2024₹ 35,518₹ 1,386₹ 34,132₹ 1,04,452
9Jan-2025₹ 35,518₹ 1,045₹ 34,473₹ 69,979
10Feb-2025₹ 35,518₹ 700₹ 34,818₹ 35,161
11Mar-2025₹ 35,518₹ 352₹ 35,1660
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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