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

Mahindra Maxximo Plus Truck EMI calculator

Ex-showroom Price of Mahindra Maxximo Plus : ₹ 4,29,110
Document Charges : Rs.250
Processing Fee : ₹ 1,824
MonthsEMIChart
12₹ 32,874View Chart
24₹ 17,861View Chart
36₹ 12,907View Chart
48₹ 10,467View Chart
60₹ 9,031View Chart
72₹ 8,098View Chart
84₹ 7,451View 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 Maxximo Plus Truck Loan

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

Option 3) Enter the desired amount and desired interest rate of Mahindra Maxximo Plus 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 ₹ 29,738 for the loan amount of ₹ 3,64,744
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Sep-2019₹ 32,874₹ 4,840₹ 28,034₹ 3,03,836
2Oct-2019₹ 32,874₹ 4,431₹ 28,443₹ 2,75,393
3Nov-2019₹ 32,874₹ 4,016₹ 28,858₹ 2,46,535
4Dec-2019₹ 32,874₹ 3,595₹ 29,279₹ 2,17,256
5Jan-2020₹ 32,874₹ 3,168₹ 29,706₹ 1,87,550
6Feb-2020₹ 32,874₹ 2,735₹ 30,139₹ 1,57,411
7Mar-2020₹ 32,874₹ 2,296₹ 30,578₹ 1,26,833
8Apr-2020₹ 32,874₹ 1,850₹ 31,024₹ 95,809
9May-2020₹ 32,874₹ 1,397₹ 31,477₹ 64,332
10Jun-2020₹ 32,874₹ 938₹ 31,936₹ 32,396
11Jul-2020₹ 32,874₹ 472₹ 32,4020
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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