Mahindra Supro Maxitruck Heavy Duty Truck EMI calculator

Ex-showroom Price of Mahindra Supro Maxitruck Heavy Duty : ₹ 4,63,000
Loan Amount : ₹ 3,93,550
Down Payment : ₹ 69,450

Document Charges : Rs.250
Processing Fee : ₹ 1,968
MonthsEMIChart
12₹ 35,470View Chart
24₹ 19,272View Chart
36₹ 13,926View Chart
48₹ 11,293View Chart
60₹ 9,745View Chart
72₹ 8,738View Chart
84₹ 8,039View 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 Supro Maxitruck Heavy Duty Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Supro Maxitruck Heavy Duty Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Supro Maxitruck Heavy Duty 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 ₹ 32,088 for the loan amount of ₹ 3,93,550
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2020₹ 35,470₹ 5,222₹ 30,248₹ 3,27,832
2Jun-2020₹ 35,470₹ 4,781₹ 30,689₹ 2,97,143
3Jul-2020₹ 35,470₹ 4,333₹ 31,137₹ 2,66,006
4Aug-2020₹ 35,470₹ 3,879₹ 31,591₹ 2,34,415
5Sep-2020₹ 35,470₹ 3,419₹ 32,051₹ 2,02,364
6Oct-2020₹ 35,470₹ 2,951₹ 32,519₹ 1,69,845
7Nov-2020₹ 35,470₹ 2,477₹ 32,993₹ 1,36,852
8Dec-2020₹ 35,470₹ 1,996₹ 33,474₹ 1,03,378
9Jan-2021₹ 35,470₹ 1,508₹ 33,962₹ 69,416
10Feb-2021₹ 35,470₹ 1,012₹ 34,458₹ 34,958
11Mar-2021₹ 35,470₹ 510₹ 34,9600
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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