Escorts ALT 3500 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
Ex-showroom Price of Escorts ALT 3500 : ₹ 5,30,000
Document Charges : NA
Processing Fee : ₹ 4,505
MonthsEMIChart
12₹ 39,630View Chart
24₹ 20,997View Chart
36₹ 14,815View Chart
48₹ 11,746View Chart
60₹ 9,922View Chart
72₹ 8,720View Chart
84₹ 7,874View Chart
Total Interest Amount is ₹ 25,060 for the loan amount of ₹ 4,50,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2020₹ 39,630₹ 4,109₹ 35,521₹ 3,75,349
2Feb-2020₹ 39,630₹ 3,753₹ 35,877₹ 3,39,472
3Mar-2020₹ 39,630₹ 3,395₹ 36,235₹ 3,03,237
4Apr-2020₹ 39,630₹ 3,032₹ 36,598₹ 2,66,639
5May-2020₹ 39,630₹ 2,666₹ 36,964₹ 2,29,675
6Jun-2020₹ 39,630₹ 2,297₹ 37,333₹ 1,92,342
7Jul-2020₹ 39,630₹ 1,923₹ 37,707₹ 1,54,635
8Aug-2020₹ 39,630₹ 1,546₹ 38,084₹ 1,16,551
9Sep-2020₹ 39,630₹ 1,166₹ 38,464₹ 78,087
10Oct-2020₹ 39,630₹ 781₹ 38,849₹ 39,238
11Nov-2020₹ 39,630₹ 392₹ 39,2380
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)

Share Your Comments About Tractors EMI Calculator with your Friends