Mahindra Jeeto L7 - 16 Truck EMI calculator

Ex-showroom Price of Mahindra Jeeto L7 - 16 : ₹ 3,75,814
Loan Amount : ₹ 3,19,442
Down Payment : ₹ 56,372

Document Charges : Rs.250
Processing Fee : ₹ 1,597
MonthsEMIChart
12₹ 28,791View Chart
24₹ 15,643View Chart
36₹ 11,304View Chart
48₹ 9,167View Chart
60₹ 7,910View Chart
72₹ 7,092View Chart
84₹ 6,526View 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 Jeeto L7 - 16 Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Jeeto L7 - 16 Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Jeeto L7 - 16 Truck to know the emi and finance option

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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 26,046 for the loan amount of ₹ 3,19,442
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2020₹ 28,791₹ 4,239₹ 24,552₹ 2,66,099
2Jun-2020₹ 28,791₹ 3,881₹ 24,910₹ 2,41,189
3Jul-2020₹ 28,791₹ 3,517₹ 25,274₹ 2,15,915
4Aug-2020₹ 28,791₹ 3,149₹ 25,642₹ 1,90,273
5Sep-2020₹ 28,791₹ 2,775₹ 26,016₹ 1,64,257
6Oct-2020₹ 28,791₹ 2,395₹ 26,396₹ 1,37,861
7Nov-2020₹ 28,791₹ 2,010₹ 26,781₹ 1,11,080
8Dec-2020₹ 28,791₹ 1,620₹ 27,171₹ 83,909
9Jan-2021₹ 28,791₹ 1,224₹ 27,567₹ 56,342
10Feb-2021₹ 28,791₹ 822₹ 27,969₹ 28,373
11Mar-2021₹ 28,791₹ 414₹ 28,3770
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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