Eicher Polaris Multix MX Truck EMI calculator

Ex-showroom Price of Eicher Polaris Multix MX : ₹ 3,49,000
Loan Amount : ₹ 2,96,650
Down Payment : ₹ 52,350

Document Charges : Rs.250
Processing Fee : ₹ 1,483
MonthsEMIChart
12₹ 26,736View Chart
24₹ 14,527View Chart
36₹ 10,497View Chart
48₹ 8,513View Chart
60₹ 7,345View Chart
72₹ 6,586View Chart
84₹ 6,060View 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 Eicher Polaris Multix MX Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Eicher Polaris Multix MX Truck
Option 3) Enter the desired amount and desired interest rate of Eicher Polaris Multix MX Truck to know the emi and finance option

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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 24,186 for the loan amount of ₹ 2,96,650
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Dec-2020₹ 26,736₹ 3,936₹ 22,800₹ 2,47,114
2Jan-2021₹ 26,736₹ 3,604₹ 23,132₹ 2,23,982
3Feb-2021₹ 26,736₹ 3,266₹ 23,470₹ 2,00,512
4Mar-2021₹ 26,736₹ 2,924₹ 23,812₹ 1,76,700
5Apr-2021₹ 26,736₹ 2,577₹ 24,159₹ 1,52,541
6May-2021₹ 26,736₹ 2,225₹ 24,511₹ 1,28,030
7Jun-2021₹ 26,736₹ 1,867₹ 24,869₹ 1,03,161
8Jul-2021₹ 26,736₹ 1,504₹ 25,232₹ 77,929
9Aug-2021₹ 26,736₹ 1,136₹ 25,600₹ 52,329
10Sep-2021₹ 26,736₹ 763₹ 25,973₹ 26,356
11Oct-2021₹ 26,736₹ 384₹ 26,3520
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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