Mahindra Jeeto S6 - 16 Truck EMI calculator

Ex-showroom Price of Mahindra Jeeto S6 - 16 : ₹ 3,50,121
Loan Amount : ₹ 2,97,603
Down Payment : ₹ 52,518

Document Charges : Rs.250
Processing Fee : ₹ 1,488
MonthsEMIChart
12₹ 26,822View Chart
24₹ 14,573View Chart
36₹ 10,531View Chart
48₹ 8,540View Chart
60₹ 7,369View Chart
72₹ 6,607View Chart
84₹ 6,079View 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 S6 - 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 S6 - 16 Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Jeeto S6 - 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 ₹ 24,266 for the loan amount of ₹ 2,97,603
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jul-2020₹ 26,822₹ 3,949₹ 22,873₹ 2,47,908
2Aug-2020₹ 26,822₹ 3,615₹ 23,207₹ 2,24,701
3Sep-2020₹ 26,822₹ 3,277₹ 23,545₹ 2,01,156
4Oct-2020₹ 26,822₹ 2,934₹ 23,888₹ 1,77,268
5Nov-2020₹ 26,822₹ 2,585₹ 24,237₹ 1,53,031
6Dec-2020₹ 26,822₹ 2,232₹ 24,590₹ 1,28,441
7Jan-2021₹ 26,822₹ 1,873₹ 24,949₹ 1,03,492
8Feb-2021₹ 26,822₹ 1,509₹ 25,313₹ 78,179
9Mar-2021₹ 26,822₹ 1,140₹ 25,682₹ 52,497
10Apr-2021₹ 26,822₹ 766₹ 26,056₹ 26,441
11May-2021₹ 26,822₹ 386₹ 26,4360
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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