New Holland 5500 Turbo Super - 55 HP 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 New Holland 5500 Turbo Super - 55 HP Click Here
Ex-showroom Price of New Holland 5500 Turbo Super - 55 HP : ₹ 10,32,000
Loan Amount : ₹ 8,77,200
Down Payment : ₹ 1,54,800

Document Charges : NA
Processing Fee : ₹ 8,772
MonthsEMIChart
12₹ 77,166View Chart
24₹ 40,884View Chart
36₹ 28,847View Chart
48₹ 22,871View Chart
60₹ 19,320View Chart
72₹ 16,980View Chart
84₹ 15,332View Chart
Total Interest Amount is ₹ 48,799 for the loan amount of ₹ 8,77,200
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 77,166₹ 8,000₹ 69,166₹ 7,30,868
2May-2024₹ 77,166₹ 7,309₹ 69,857₹ 6,61,011
3Jun-2024₹ 77,166₹ 6,610₹ 70,556₹ 5,90,455
4Jul-2024₹ 77,166₹ 5,905₹ 71,261₹ 5,19,194
5Aug-2024₹ 77,166₹ 5,192₹ 71,974₹ 4,47,220
6Sep-2024₹ 77,166₹ 4,472₹ 72,694₹ 3,74,526
7Oct-2024₹ 77,166₹ 3,745₹ 73,421₹ 3,01,105
8Nov-2024₹ 77,166₹ 3,011₹ 74,155₹ 2,26,950
9Dec-2024₹ 77,166₹ 2,270₹ 74,896₹ 1,52,054
10Jan-2025₹ 77,166₹ 1,521₹ 75,645₹ 76,409
11Feb-2025₹ 77,166₹ 764₹ 76,4020
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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