Mahindra 475 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
Ex-showroom Price of Mahindra 475 DI : ₹ 6,00,000
Document Charges : NA
Processing Fee : ₹ 5,100
MonthsEMIChart
12₹ 44,864View Chart
24₹ 23,770View Chart
36₹ 16,772View Chart
48₹ 13,297View Chart
60₹ 11,232View Chart
72₹ 9,872View Chart
84₹ 8,914View Chart
Total Interest Amount is ₹ 28,370 for the loan amount of ₹ 5,10,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2020₹ 44,864₹ 4,651₹ 40,213₹ 4,24,923
2Feb-2020₹ 44,864₹ 4,249₹ 40,615₹ 3,84,308
3Mar-2020₹ 44,864₹ 3,843₹ 41,021₹ 3,43,287
4Apr-2020₹ 44,864₹ 3,433₹ 41,431₹ 3,01,856
5May-2020₹ 44,864₹ 3,019₹ 41,845₹ 2,60,011
6Jun-2020₹ 44,864₹ 2,600₹ 42,264₹ 2,17,747
7Jul-2020₹ 44,864₹ 2,177₹ 42,687₹ 1,75,060
8Aug-2020₹ 44,864₹ 1,751₹ 43,113₹ 1,31,947
9Sep-2020₹ 44,864₹ 1,319₹ 43,545₹ 88,402
10Oct-2020₹ 44,864₹ 884₹ 43,980₹ 44,422
11Nov-2020₹ 44,864₹ 444₹ 44,4200
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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