Mahindra Alfa CNG Truck EMI calculator

Ex-showroom Price of Mahindra Alfa CNG : ₹ 2,95,640
Loan Amount : ₹ 2,51,294
Down Payment : ₹ 44,346

Document Charges : Rs.250
Processing Fee : ₹ 1,256
MonthsEMIChart
12₹ 22,649View Chart
24₹ 12,306View Chart
36₹ 8,892View Chart
48₹ 7,211View Chart
60₹ 6,222View Chart
72₹ 5,579View Chart
84₹ 5,133View Chart

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 Mahindra Alfa CNG Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Alfa CNG Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Alfa CNG Truck to know the emi and finance option

EMI for the truck you want
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EMI with rate you wish
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You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 20,488 for the loan amount of ₹ 2,51,294
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 22,649₹ 3,334₹ 19,315₹ 2,09,330
2May-2024₹ 22,649₹ 3,053₹ 19,596₹ 1,89,734
3Jun-2024₹ 22,649₹ 2,767₹ 19,882₹ 1,69,852
4Jul-2024₹ 22,649₹ 2,477₹ 20,172₹ 1,49,680
5Aug-2024₹ 22,649₹ 2,183₹ 20,466₹ 1,29,214
6Sep-2024₹ 22,649₹ 1,884₹ 20,765₹ 1,08,449
7Oct-2024₹ 22,649₹ 1,582₹ 21,067₹ 87,382
8Nov-2024₹ 22,649₹ 1,274₹ 21,375₹ 66,007
9Dec-2024₹ 22,649₹ 963₹ 21,686₹ 44,321
10Jan-2025₹ 22,649₹ 646₹ 22,003₹ 22,318
11Feb-2025₹ 22,649₹ 325₹ 22,3240
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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