Mahindra E Maxximo Truck EMI calculator

Ex-showroom Price of Mahindra E Maxximo : ₹ 5,00,000
Loan Amount : ₹ 4,25,000
Down Payment : ₹ 75,000

Document Charges : Rs.250
Processing Fee : ₹ 2,125
MonthsEMIChart
12₹ 38,304View Chart
24₹ 20,812View Chart
36₹ 15,039View Chart
48₹ 12,196View Chart
60₹ 10,523View Chart
72₹ 9,436View Chart
84₹ 8,682View 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 E Maxximo Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra E Maxximo Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra E Maxximo 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 ₹ 34,652 for the loan amount of ₹ 4,25,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2020₹ 38,304₹ 5,639₹ 32,665₹ 3,54,031
2May-2020₹ 38,304₹ 5,163₹ 33,141₹ 3,20,890
3Jun-2020₹ 38,304₹ 4,680₹ 33,624₹ 2,87,266
4Jul-2020₹ 38,304₹ 4,189₹ 34,115₹ 2,53,151
5Aug-2020₹ 38,304₹ 3,692₹ 34,612₹ 2,18,539
6Sep-2020₹ 38,304₹ 3,187₹ 35,117₹ 1,83,422
7Oct-2020₹ 38,304₹ 2,675₹ 35,629₹ 1,47,793
8Nov-2020₹ 38,304₹ 2,155₹ 36,149₹ 1,11,644
9Dec-2020₹ 38,304₹ 1,628₹ 36,676₹ 74,968
10Jan-2021₹ 38,304₹ 1,093₹ 37,211₹ 37,757
11Feb-2021₹ 38,304₹ 551₹ 37,7530
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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