Mahindra 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 Mahindra Tractor Loan

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

Option 3) Enter the desired amount and desired interest rate of Mahindra 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
Ex-showroom Price of Mahindra 255 DI Power Plus : ₹ 4,38,000
Loan Amount : ₹ 3,72,300
Down Payment : ₹ 65,700

Document Charges : NA
Processing Fee : ₹ 3,723
MonthsEMIChart
12₹ 32,751View Chart
24₹ 17,352View Chart
36₹ 12,243View Chart
48₹ 9,707View Chart
60₹ 8,200View Chart
72₹ 7,206View Chart
84₹ 6,507View Chart
Total Interest Amount is ₹ 20,710 for the loan amount of ₹ 3,72,300
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 32,751₹ 3,395₹ 29,356₹ 3,10,193
2Jun-2022₹ 32,751₹ 3,102₹ 29,649₹ 2,80,544
3Jul-2022₹ 32,751₹ 2,805₹ 29,946₹ 2,50,598
4Aug-2022₹ 32,751₹ 2,506₹ 30,245₹ 2,20,353
5Sep-2022₹ 32,751₹ 2,204₹ 30,547₹ 1,89,806
6Oct-2022₹ 32,751₹ 1,898₹ 30,853₹ 1,58,953
7Nov-2022₹ 32,751₹ 1,590₹ 31,161₹ 1,27,792
8Dec-2022₹ 32,751₹ 1,278₹ 31,473₹ 96,319
9Jan-2023₹ 32,751₹ 963₹ 31,788₹ 64,531
10Feb-2023₹ 32,751₹ 645₹ 32,106₹ 32,425
11Mar-2023₹ 32,751₹ 324₹ 32,4270
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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