Mahindra Alfa Plus Truck Loan In India | Mahindra Alfa Plus Truck Finance Emi Calculator | Compare Interest Rate Of Mahindra Alfa Plus Loan By Various Banks

Mahindra Alfa Plus Truck EMI calculator

Ex-showroom Price of Mahindra Alfa Plus : ₹ 1,74,985
Document Charges : Rs.250
Processing Fee : ₹ 744
MonthsEMIChart
12₹ 13,405View Chart
24₹ 7,283View Chart
36₹ 5,263View Chart
48₹ 4,268View Chart
60₹ 3,683View Chart
72₹ 3,302View Chart
84₹ 3,038View 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 Plus 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 Plus Truck

Option 3) Enter the desired amount and desired interest rate of Mahindra Alfa Plus Truck to know the emi and finance option

EMI for the truck you want Suggest the best bank EMI with rate you wish
EMI in Advance EMI in Arrears
Total Interest Amount is ₹ 12,128 for the loan amount of ₹ 1,48,737
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Sep-2019₹ 13,405₹ 1,974₹ 11,431₹ 1,23,901
2Oct-2019₹ 13,405₹ 1,807₹ 11,598₹ 1,12,303
3Nov-2019₹ 13,405₹ 1,638₹ 11,767₹ 1,00,536
4Dec-2019₹ 13,405₹ 1,466₹ 11,939₹ 88,597
5Jan-2020₹ 13,405₹ 1,292₹ 12,113₹ 76,484
6Feb-2020₹ 13,405₹ 1,115₹ 12,290₹ 64,194
7Mar-2020₹ 13,405₹ 936₹ 12,469₹ 51,725
8Apr-2020₹ 13,405₹ 754₹ 12,651₹ 39,074
9May-2020₹ 13,405₹ 570₹ 12,835₹ 26,239
10Jun-2020₹ 13,405₹ 383₹ 13,022₹ 13,217
11Jul-2020₹ 13,405₹ 193₹ 13,2120
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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