Mahindra 245 DI Orchard 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 Mahindra 245 DI Orchard Click Here
Ex-showroom Price of Mahindra 245 DI Orchard : ₹ 4,51,000
Loan Amount : ₹ 3,83,350
Down Payment : ₹ 67,650

Document Charges : NA
Processing Fee : ₹ 3,834
MonthsEMIChart
12₹ 33,723View Chart
24₹ 17,867View Chart
36₹ 12,607View Chart
48₹ 9,995View Chart
60₹ 8,443View Chart
72₹ 7,420View Chart
84₹ 6,700View Chart
Total Interest Amount is ₹ 21,325 for the loan amount of ₹ 3,83,350
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 33,723₹ 3,496₹ 30,227₹ 3,19,400
2May-2024₹ 33,723₹ 3,194₹ 30,529₹ 2,88,871
3Jun-2024₹ 33,723₹ 2,889₹ 30,834₹ 2,58,037
4Jul-2024₹ 33,723₹ 2,580₹ 31,143₹ 2,26,894
5Aug-2024₹ 33,723₹ 2,269₹ 31,454₹ 1,95,440
6Sep-2024₹ 33,723₹ 1,954₹ 31,769₹ 1,63,671
7Oct-2024₹ 33,723₹ 1,637₹ 32,086₹ 1,31,585
8Nov-2024₹ 33,723₹ 1,316₹ 32,407₹ 99,178
9Dec-2024₹ 33,723₹ 992₹ 32,731₹ 66,447
10Jan-2025₹ 33,723₹ 664₹ 33,059₹ 33,388
11Feb-2025₹ 33,723₹ 334₹ 33,3890
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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