Mahindra ALFA Comfy Truck EMI calculator

Ex-showroom Price of Mahindra ALFA Comfy : ₹ 3,01,417
Loan Amount : ₹ 2,56,204
Down Payment : ₹ 45,213

Document Charges : Rs.250
Processing Fee : ₹ 1,281
MonthsEMIChart
12₹ 23,091View Chart
24₹ 12,546View Chart
36₹ 9,066View Chart
48₹ 7,352View Chart
60₹ 6,344View Chart
72₹ 5,688View Chart
84₹ 5,234View 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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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 ₹ 20,889 for the loan amount of ₹ 2,56,204
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 23,091₹ 3,400₹ 19,691₹ 2,13,422
2May-2024₹ 23,091₹ 3,112₹ 19,979₹ 1,93,443
3Jun-2024₹ 23,091₹ 2,821₹ 20,270₹ 1,73,173
4Jul-2024₹ 23,091₹ 2,525₹ 20,566₹ 1,52,607
5Aug-2024₹ 23,091₹ 2,226₹ 20,865₹ 1,31,742
6Sep-2024₹ 23,091₹ 1,921₹ 21,170₹ 1,10,572
7Oct-2024₹ 23,091₹ 1,613₹ 21,478₹ 89,094
8Nov-2024₹ 23,091₹ 1,299₹ 21,792₹ 67,302
9Dec-2024₹ 23,091₹ 981₹ 22,110₹ 45,192
10Jan-2025₹ 23,091₹ 659₹ 22,432₹ 22,760
11Feb-2025₹ 23,091₹ 332₹ 22,7590
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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