Indo Farm 1026 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 Indo Farm 1026 Click Here
Ex-showroom Price of Indo Farm 1026 : ₹ 4,50,000
Loan Amount : ₹ 3,82,500
Down Payment : ₹ 67,500

Document Charges : NA
Processing Fee : ₹ 3,825
MonthsEMIChart
12₹ 33,648View Chart
24₹ 17,827View Chart
36₹ 12,579View Chart
48₹ 9,973View Chart
60₹ 8,424View Chart
72₹ 7,404View Chart
84₹ 6,685View Chart
Total Interest Amount is ₹ 21,279 for the loan amount of ₹ 3,82,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2024₹ 33,648₹ 3,489₹ 30,159₹ 3,18,693
2Apr-2024₹ 33,648₹ 3,187₹ 30,461₹ 2,88,232
3May-2024₹ 33,648₹ 2,882₹ 30,766₹ 2,57,466
4Jun-2024₹ 33,648₹ 2,575₹ 31,073₹ 2,26,393
5Jul-2024₹ 33,648₹ 2,264₹ 31,384₹ 1,95,009
6Aug-2024₹ 33,648₹ 1,950₹ 31,698₹ 1,63,311
7Sep-2024₹ 33,648₹ 1,633₹ 32,015₹ 1,31,296
8Oct-2024₹ 33,648₹ 1,313₹ 32,335₹ 98,961
9Nov-2024₹ 33,648₹ 990₹ 32,658₹ 66,303
10Dec-2024₹ 33,648₹ 663₹ 32,985₹ 33,318
11Jan-2025₹ 33,648₹ 333₹ 33,3150
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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