Piaggio Ape E-City Truck EMI calculator

Ex-showroom Price of Piaggio Ape E-City : ₹ 1,97,000
Loan Amount : ₹ 1,67,450
Down Payment : ₹ 29,550

Document Charges : Rs.250
Processing Fee : ₹ 837
MonthsEMIChart
12₹ 15,092View Chart
24₹ 8,200View Chart
36₹ 5,925View Chart
48₹ 4,805View Chart
60₹ 4,146View Chart
72₹ 3,718View Chart
84₹ 3,421View 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 Piaggio Ape E-City Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Piaggio Ape E-City Truck
Option 3) Enter the desired amount and desired interest rate of Piaggio Ape E-City 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 ₹ 13,654 for the loan amount of ₹ 1,67,450
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 15,092₹ 2,222₹ 12,870₹ 1,39,488
2May-2024₹ 15,092₹ 2,034₹ 13,058₹ 1,26,430
3Jun-2024₹ 15,092₹ 1,844₹ 13,248₹ 1,13,182
4Jul-2024₹ 15,092₹ 1,651₹ 13,441₹ 99,741
5Aug-2024₹ 15,092₹ 1,455₹ 13,637₹ 86,104
6Sep-2024₹ 15,092₹ 1,256₹ 13,836₹ 72,268
7Oct-2024₹ 15,092₹ 1,054₹ 14,038₹ 58,230
8Nov-2024₹ 15,092₹ 849₹ 14,243₹ 43,987
9Dec-2024₹ 15,092₹ 641₹ 14,451₹ 29,536
10Jan-2025₹ 15,092₹ 431₹ 14,661₹ 14,875
11Feb-2025₹ 15,092₹ 217₹ 14,8750
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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