Mahindra Bolero Maxi Truck Plus Truck EMI calculator

Ex-showroom Price of Mahindra Bolero Maxi Truck Plus : ₹ 7,57,000
Loan Amount : ₹ 6,43,450
Down Payment : ₹ 1,13,550

Document Charges : Rs.250
Processing Fee : ₹ 3,217
MonthsEMIChart
12₹ 57,993View Chart
24₹ 31,509View Chart
36₹ 22,769View Chart
48₹ 18,464View Chart
60₹ 15,933View Chart
72₹ 14,286View Chart
84₹ 13,144View 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 Bolero Maxi Truck 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 Bolero Maxi Truck Plus Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Bolero Maxi Truck Plus 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 ₹ 52,464 for the loan amount of ₹ 6,43,450
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 57,993₹ 8,538₹ 49,455₹ 5,36,002
2May-2024₹ 57,993₹ 7,817₹ 50,176₹ 4,85,826
3Jun-2024₹ 57,993₹ 7,085₹ 50,908₹ 4,34,918
4Jul-2024₹ 57,993₹ 6,343₹ 51,650₹ 3,83,268
5Aug-2024₹ 57,993₹ 5,589₹ 52,404₹ 3,30,864
6Sep-2024₹ 57,993₹ 4,825₹ 53,168₹ 2,77,696
7Oct-2024₹ 57,993₹ 4,050₹ 53,943₹ 2,23,753
8Nov-2024₹ 57,993₹ 3,263₹ 54,730₹ 1,69,023
9Dec-2024₹ 57,993₹ 2,465₹ 55,528₹ 1,13,495
10Jan-2025₹ 57,993₹ 1,655₹ 56,338₹ 57,157
11Feb-2025₹ 57,993₹ 834₹ 57,1590
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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