Sonalika DI 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 DI 35 Sikander Click Here
Ex-showroom Price of Sonalika DI 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
1Apr-2024₹ 43,369₹ 4,496₹ 38,873₹ 4,10,758
2May-2024₹ 43,369₹ 4,108₹ 39,261₹ 3,71,497
3Jun-2024₹ 43,369₹ 3,715₹ 39,654₹ 3,31,843
4Jul-2024₹ 43,369₹ 3,318₹ 40,051₹ 2,91,792
5Aug-2024₹ 43,369₹ 2,918₹ 40,451₹ 2,51,341
6Sep-2024₹ 43,369₹ 2,513₹ 40,856₹ 2,10,485
7Oct-2024₹ 43,369₹ 2,105₹ 41,264₹ 1,69,221
8Nov-2024₹ 43,369₹ 1,692₹ 41,677₹ 1,27,544
9Dec-2024₹ 43,369₹ 1,275₹ 42,094₹ 85,450
10Jan-2025₹ 43,369₹ 855₹ 42,514₹ 42,936
11Feb-2025₹ 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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