Mahindra Jivo Tractor EMI calculator

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 Tractor Loan

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

Option 3) Enter the desired amount and desired interest rate of Tractor to know the emi and finance option

EMI for the tractor you want Suggest the best bank EMI with rate you wish
EMI in Advance EMI in Arrears
To get finance for Mahindra Jivo Click Here
Ex-showroom Price of Mahindra Jivo : ₹ 5,50,000
Loan Amount : ₹ 4,67,500
Down Payment : ₹ 82,500

Document Charges : NA
Processing Fee : ₹ 4,675
MonthsEMIChart
12₹ 41,126View Chart
24₹ 21,789View Chart
36₹ 15,374View Chart
48₹ 12,189View Chart
60₹ 10,296View Chart
72₹ 9,049View Chart
84₹ 8,171View Chart
Total Interest Amount is ₹ 26,006 for the loan amount of ₹ 4,67,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 41,126₹ 4,264₹ 36,862₹ 3,89,512
2Jun-2022₹ 41,126₹ 3,895₹ 37,231₹ 3,52,281
3Jul-2022₹ 41,126₹ 3,523₹ 37,603₹ 3,14,678
4Aug-2022₹ 41,126₹ 3,147₹ 37,979₹ 2,76,699
5Sep-2022₹ 41,126₹ 2,767₹ 38,359₹ 2,38,340
6Oct-2022₹ 41,126₹ 2,383₹ 38,743₹ 1,99,597
7Nov-2022₹ 41,126₹ 1,996₹ 39,130₹ 1,60,467
8Dec-2022₹ 41,126₹ 1,605₹ 39,521₹ 1,20,946
9Jan-2023₹ 41,126₹ 1,209₹ 39,917₹ 81,029
10Feb-2023₹ 41,126₹ 810₹ 40,316₹ 40,713
11Mar-2023₹ 41,126₹ 407₹ 40,7190
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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