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

Mahindra Gio Truck EMI calculator

Ex-showroom Price of Mahindra Gio : ₹ 1,93,971
Document Charges : Rs.250
Processing Fee : ₹ 824
MonthsEMIChart
12₹ 14,860View Chart
24₹ 8,074View Chart
36₹ 5,834View Chart
48₹ 4,731View Chart
60₹ 4,082View Chart
72₹ 3,661View Chart
84₹ 3,368View 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 Gio Truck Loan

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

Option 3) Enter the desired amount and desired interest rate of Mahindra Gio 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 ₹ 13,443 for the loan amount of ₹ 1,64,875
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Nov-2019₹ 14,860₹ 2,188₹ 12,672₹ 1,37,343
2Dec-2019₹ 14,860₹ 2,003₹ 12,857₹ 1,24,486
3Jan-2020₹ 14,860₹ 1,815₹ 13,045₹ 1,11,441
4Feb-2020₹ 14,860₹ 1,625₹ 13,235₹ 98,206
5Mar-2020₹ 14,860₹ 1,432₹ 13,428₹ 84,778
6Apr-2020₹ 14,860₹ 1,236₹ 13,624₹ 71,154
7May-2020₹ 14,860₹ 1,038₹ 13,822₹ 57,332
8Jun-2020₹ 14,860₹ 836₹ 14,024₹ 43,308
9Jul-2020₹ 14,860₹ 632₹ 14,228₹ 29,080
10Aug-2020₹ 14,860₹ 424₹ 14,436₹ 14,644
11Sep-2020₹ 14,860₹ 214₹ 14,6460
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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