Farmtrac 60 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 Farmtrac 60 Click Here
Ex-showroom Price of Farmtrac 60 : ₹ 7,20,000
Loan Amount : ₹ 6,12,000
Down Payment : ₹ 1,08,000

Document Charges : NA
Processing Fee : ₹ 6,120
MonthsEMIChart
12₹ 53,837View Chart
24₹ 28,524View Chart
36₹ 20,126View Chart
48₹ 15,957View Chart
60₹ 13,479View Chart
72₹ 11,846View Chart
84₹ 10,697View Chart
Total Interest Amount is ₹ 34,045 for the loan amount of ₹ 6,12,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 53,837₹ 5,582₹ 48,255₹ 5,09,908
2Jun-2022₹ 53,837₹ 5,099₹ 48,738₹ 4,61,170
3Jul-2022₹ 53,837₹ 4,612₹ 49,225₹ 4,11,945
4Aug-2022₹ 53,837₹ 4,119₹ 49,718₹ 3,62,227
5Sep-2022₹ 53,837₹ 3,622₹ 50,215₹ 3,12,012
6Oct-2022₹ 53,837₹ 3,120₹ 50,717₹ 2,61,295
7Nov-2022₹ 53,837₹ 2,613₹ 51,224₹ 2,10,071
8Dec-2022₹ 53,837₹ 2,101₹ 51,736₹ 1,58,335
9Jan-2023₹ 53,837₹ 1,583₹ 52,254₹ 1,06,081
10Feb-2023₹ 53,837₹ 1,061₹ 52,776₹ 53,305
11Mar-2023₹ 53,837₹ 533₹ 53,3040
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