Mahindra 295 DI 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 295 DI Click Here
Ex-showroom Price of Mahindra 295 DI : ₹ 5,12,000
Loan Amount : ₹ 4,35,200
Down Payment : ₹ 76,800

Document Charges : NA
Processing Fee : ₹ 4,352
MonthsEMIChart
12₹ 38,284View Chart
24₹ 20,284View Chart
36₹ 14,312View Chart
48₹ 11,347View Chart
60₹ 9,585View Chart
72₹ 8,424View Chart
84₹ 7,606View Chart
Total Interest Amount is ₹ 24,209 for the loan amount of ₹ 4,35,200
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 38,284₹ 3,969₹ 34,315₹ 3,62,601
2Jun-2022₹ 38,284₹ 3,626₹ 34,658₹ 3,27,943
3Jul-2022₹ 38,284₹ 3,279₹ 35,005₹ 2,92,938
4Aug-2022₹ 38,284₹ 2,929₹ 35,355₹ 2,57,583
5Sep-2022₹ 38,284₹ 2,576₹ 35,708₹ 2,21,875
6Oct-2022₹ 38,284₹ 2,219₹ 36,065₹ 1,85,810
7Nov-2022₹ 38,284₹ 1,858₹ 36,426₹ 1,49,384
8Dec-2022₹ 38,284₹ 1,494₹ 36,790₹ 1,12,594
9Jan-2023₹ 38,284₹ 1,126₹ 37,158₹ 75,436
10Feb-2023₹ 38,284₹ 754₹ 37,530₹ 37,906
11Mar-2023₹ 38,284₹ 379₹ 37,9050
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