Hmt 3522 FX 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 Hmt 3522 FX : ₹ 3,00,000
Document Charges : NA
Processing Fee : ₹ 2,550
MonthsEMIChart
12₹ 22,432View Chart
24₹ 11,885View Chart
36₹ 8,386View Chart
48₹ 6,649View Chart
60₹ 5,616View Chart
72₹ 4,936View Chart
84₹ 4,457View Chart
Total Interest Amount is ₹ 14,186 for the loan amount of ₹ 2,55,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2020₹ 22,432₹ 2,326₹ 20,106₹ 2,12,462
2Feb-2020₹ 22,432₹ 2,125₹ 20,307₹ 1,92,155
3Mar-2020₹ 22,432₹ 1,922₹ 20,510₹ 1,71,645
4Apr-2020₹ 22,432₹ 1,716₹ 20,716₹ 1,50,929
5May-2020₹ 22,432₹ 1,509₹ 20,923₹ 1,30,006
6Jun-2020₹ 22,432₹ 1,300₹ 21,132₹ 1,08,874
7Jul-2020₹ 22,432₹ 1,089₹ 21,343₹ 87,531
8Aug-2020₹ 22,432₹ 875₹ 21,557₹ 65,974
9Sep-2020₹ 22,432₹ 660₹ 21,772₹ 44,202
10Oct-2020₹ 22,432₹ 442₹ 21,990₹ 22,212
11Nov-2020₹ 22,432₹ 222₹ 22,2100
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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