Sonalika DI 50 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 50 Sikander Click Here
Ex-showroom Price of Sonalika DI 50 Sikander : ₹ 7,80,000
Loan Amount : ₹ 6,63,000
Down Payment : ₹ 1,17,000

Document Charges : NA
Processing Fee : ₹ 6,630
MonthsEMIChart
12₹ 58,324View Chart
24₹ 30,901View Chart
36₹ 21,803View Chart
48₹ 17,286View Chart
60₹ 14,602View Chart
72₹ 12,833View Chart
84₹ 11,588View Chart
Total Interest Amount is ₹ 36,882 for the loan amount of ₹ 6,63,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2024₹ 58,324₹ 6,047₹ 52,277₹ 5,52,399
2Apr-2024₹ 58,324₹ 5,524₹ 52,800₹ 4,99,599
3May-2024₹ 58,324₹ 4,996₹ 53,328₹ 4,46,271
4Jun-2024₹ 58,324₹ 4,463₹ 53,861₹ 3,92,410
5Jul-2024₹ 58,324₹ 3,924₹ 54,400₹ 3,38,010
6Aug-2024₹ 58,324₹ 3,380₹ 54,944₹ 2,83,066
7Sep-2024₹ 58,324₹ 2,831₹ 55,493₹ 2,27,573
8Oct-2024₹ 58,324₹ 2,276₹ 56,048₹ 1,71,525
9Nov-2024₹ 58,324₹ 1,715₹ 56,609₹ 1,14,916
10Dec-2024₹ 58,324₹ 1,149₹ 57,175₹ 57,741
11Jan-2025₹ 58,324₹ 577₹ 57,7470
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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