Mahindra Alfa Passenger Truck EMI calculator

Ex-showroom Price of Mahindra Alfa Passenger : ₹ 1,52,897
Loan Amount : ₹ 1,29,962
Down Payment : ₹ 22,935

Document Charges : Rs.250
Processing Fee : ₹ 650
MonthsEMIChart
12₹ 11,713View Chart
24₹ 6,364View Chart
36₹ 4,599View Chart
48₹ 3,729View Chart
60₹ 3,218View Chart
72₹ 2,885View Chart
84₹ 2,655View 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 Passenger 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 Passenger Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Alfa Passenger Truck to know the emi and finance option

EMI for the truck you want
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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 10,596 for the loan amount of ₹ 1,29,962
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jun-2020₹ 11,713₹ 1,724₹ 9,989₹ 1,08,260
2Jul-2020₹ 11,713₹ 1,579₹ 10,134₹ 98,126
3Aug-2020₹ 11,713₹ 1,431₹ 10,282₹ 87,844
4Sep-2020₹ 11,713₹ 1,281₹ 10,432₹ 77,412
5Oct-2020₹ 11,713₹ 1,129₹ 10,584₹ 66,828
6Nov-2020₹ 11,713₹ 975₹ 10,738₹ 56,090
7Dec-2020₹ 11,713₹ 818₹ 10,895₹ 45,195
8Jan-2021₹ 11,713₹ 659₹ 11,054₹ 34,141
9Feb-2021₹ 11,713₹ 498₹ 11,215₹ 22,926
10Mar-2021₹ 11,713₹ 334₹ 11,379₹ 11,547
11Apr-2021₹ 11,713₹ 168₹ 11,5450
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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