Sonalika RX 35 Sikander 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 Sonalika RX 35 Sikander Click Here
Ex-showroom Price of Sonalika RX 35 Sikander : ₹ 5,80,000
Loan Amount : ₹ 4,93,000
Down Payment : ₹ 87,000

Document Charges : NA
Processing Fee : ₹ 4,930
MonthsEMIChart
12₹ 43,369View Chart
24₹ 22,977View Chart
36₹ 16,213View Chart
48₹ 12,854View Chart
60₹ 10,858View Chart
72₹ 9,543View Chart
84₹ 8,617View Chart
Total Interest Amount is ₹ 27,424 for the loan amount of ₹ 4,93,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 43,369₹ 4,496₹ 38,873₹ 4,10,758
2Jun-2022₹ 43,369₹ 4,108₹ 39,261₹ 3,71,497
3Jul-2022₹ 43,369₹ 3,715₹ 39,654₹ 3,31,843
4Aug-2022₹ 43,369₹ 3,318₹ 40,051₹ 2,91,792
5Sep-2022₹ 43,369₹ 2,918₹ 40,451₹ 2,51,341
6Oct-2022₹ 43,369₹ 2,513₹ 40,856₹ 2,10,485
7Nov-2022₹ 43,369₹ 2,105₹ 41,264₹ 1,69,221
8Dec-2022₹ 43,369₹ 1,692₹ 41,677₹ 1,27,544
9Jan-2023₹ 43,369₹ 1,275₹ 42,094₹ 85,450
10Feb-2023₹ 43,369₹ 855₹ 42,514₹ 42,936
11Mar-2023₹ 43,369₹ 429₹ 42,9400
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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