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

Mahindra Truck 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 Truck Loan

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

Option 3) Enter the desired amount and desired interest rate of Mahindra 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
Ex-showroom Price of Mahindra Bolero Camper Gold : ₹ 7,90,257
Document Charges : Rs.250
Processing Fee : ₹ 3,359
MonthsEMIChart
12₹ 60,540View Chart
24₹ 32,893View Chart
36₹ 23,769View Chart
48₹ 19,276View Chart
60₹ 16,632View Chart
72₹ 14,914View Chart
84₹ 13,722View Chart
Total Interest Amount is ₹ 54,767 for the loan amount of ₹ 6,71,718
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Oct-2019₹ 60,540₹ 8,913₹ 51,627₹ 5,59,551
2Nov-2019₹ 60,540₹ 8,160₹ 52,380₹ 5,07,171
3Dec-2019₹ 60,540₹ 7,396₹ 53,144₹ 4,54,027
4Jan-2020₹ 60,540₹ 6,621₹ 53,919₹ 4,00,108
5Feb-2020₹ 60,540₹ 5,835₹ 54,705₹ 3,45,403
6Mar-2020₹ 60,540₹ 5,037₹ 55,503₹ 2,89,900
7Apr-2020₹ 60,540₹ 4,228₹ 56,312₹ 2,33,588
8May-2020₹ 60,540₹ 3,406₹ 57,134₹ 1,76,454
9Jun-2020₹ 60,540₹ 2,573₹ 57,967₹ 1,18,487
10Jul-2020₹ 60,540₹ 1,728₹ 58,812₹ 59,675
11Aug-2020₹ 60,540₹ 870₹ 59,6700
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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