Mahindra Electric Alfa Mini Truck EMI calculator

Ex-showroom Price of Mahindra Electric Alfa Mini : ₹ 1,12,000
Document Charges : Rs.250
Processing Fee : ₹ 476
MonthsEMIChart
12₹ 8,580View Chart
24₹ 4,662View Chart
36₹ 3,369View Chart
48₹ 2,732View Chart
60₹ 2,357View Chart
72₹ 2,114View Chart
84₹ 1,945View 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 Electric Alfa Mini Truck Loan

Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Electric Alfa Mini Truck

Option 3) Enter the desired amount and desired interest rate of Mahindra Electric Alfa Mini 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 ₹ 7,762 for the loan amount of ₹ 95,200
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2020₹ 8,580₹ 1,263₹ 7,317₹ 79,303
2Feb-2020₹ 8,580₹ 1,157₹ 7,423₹ 71,880
3Mar-2020₹ 8,580₹ 1,048₹ 7,532₹ 64,348
4Apr-2020₹ 8,580₹ 938₹ 7,642₹ 56,706
5May-2020₹ 8,580₹ 827₹ 7,753₹ 48,953
6Jun-2020₹ 8,580₹ 714₹ 7,866₹ 41,087
7Jul-2020₹ 8,580₹ 599₹ 7,981₹ 33,106
8Aug-2020₹ 8,580₹ 483₹ 8,097₹ 25,009
9Sep-2020₹ 8,580₹ 365₹ 8,215₹ 16,794
10Oct-2020₹ 8,580₹ 245₹ 8,335₹ 8,459
11Nov-2020₹ 8,580₹ 123₹ 8,4570
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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