Mahindra ALFA Comfy Truck EMI calculator

Ex-showroom Price of Mahindra ALFA Comfy : ₹ 2,88,829
Loan Amount : ₹ 2,45,505
Down Payment : ₹ 43,324

Document Charges : Rs.250
Processing Fee : ₹ 1,228
MonthsEMIChart
12₹ 22,127View Chart
24₹ 12,022View Chart
36₹ 8,687View Chart
48₹ 7,045View Chart
60₹ 6,079View Chart
72₹ 5,451View Chart
84₹ 5,015View 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 Comfy 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 Comfy Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra ALFA Comfy Truck to know the emi and finance option

EMI for the truck you want
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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 ₹ 20,016 for the loan amount of ₹ 2,45,505
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 22,127₹ 3,258₹ 18,869₹ 2,04,509
2Jun-2022₹ 22,127₹ 2,982₹ 19,145₹ 1,85,364
3Jul-2022₹ 22,127₹ 2,703₹ 19,424₹ 1,65,940
4Aug-2022₹ 22,127₹ 2,420₹ 19,707₹ 1,46,233
5Sep-2022₹ 22,127₹ 2,133₹ 19,994₹ 1,26,239
6Oct-2022₹ 22,127₹ 1,841₹ 20,286₹ 1,05,953
7Nov-2022₹ 22,127₹ 1,545₹ 20,582₹ 85,371
8Dec-2022₹ 22,127₹ 1,245₹ 20,882₹ 64,489
9Jan-2023₹ 22,127₹ 940₹ 21,187₹ 43,302
10Feb-2023₹ 22,127₹ 631₹ 21,496₹ 21,806
11Mar-2023₹ 22,127₹ 318₹ 21,8090
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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