John Deere 5055 E 4WD 55 HP 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 John Deere 5055 E 4WD 55 HP Click Here
Ex-showroom Price of John Deere 5055 E 4WD 55 HP : ₹ 9,94,096
Loan Amount : ₹ 8,44,982
Down Payment : ₹ 1,49,114

Document Charges : NA
Processing Fee : ₹ 8,450
MonthsEMIChart
12₹ 74,332View Chart
24₹ 39,382View Chart
36₹ 27,788View Chart
48₹ 22,031View Chart
60₹ 18,610View Chart
72₹ 16,356View Chart
84₹ 14,769View Chart
Total Interest Amount is ₹ 47,006 for the loan amount of ₹ 8,44,982
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 74,332₹ 7,707₹ 66,625₹ 7,04,025
2May-2024₹ 74,332₹ 7,040₹ 67,292₹ 6,36,733
3Jun-2024₹ 74,332₹ 6,367₹ 67,965₹ 5,68,768
4Jul-2024₹ 74,332₹ 5,688₹ 68,644₹ 5,00,124
5Aug-2024₹ 74,332₹ 5,001₹ 69,331₹ 4,30,793
6Sep-2024₹ 74,332₹ 4,308₹ 70,024₹ 3,60,769
7Oct-2024₹ 74,332₹ 3,608₹ 70,724₹ 2,90,045
8Nov-2024₹ 74,332₹ 2,900₹ 71,432₹ 2,18,613
9Dec-2024₹ 74,332₹ 2,186₹ 72,146₹ 1,46,467
10Jan-2025₹ 74,332₹ 1,465₹ 72,867₹ 73,600
11Feb-2025₹ 74,332₹ 736₹ 73,5960
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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