Sonalika RX 60 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 60 Sikander Click Here
Ex-showroom Price of Sonalika RX 60 Sikander : ₹ 6,85,000
Loan Amount : ₹ 5,82,250
Down Payment : ₹ 1,02,750

Document Charges : NA
Processing Fee : ₹ 5,823
MonthsEMIChart
12₹ 51,220View Chart
24₹ 27,137View Chart
36₹ 19,148View Chart
48₹ 15,181View Chart
60₹ 12,824View Chart
72₹ 11,270View Chart
84₹ 10,177View Chart
Total Interest Amount is ₹ 32,389 for the loan amount of ₹ 5,82,250
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 51,220₹ 5,310₹ 45,910₹ 4,85,120
2May-2024₹ 51,220₹ 4,851₹ 46,369₹ 4,38,751
3Jun-2024₹ 51,220₹ 4,388₹ 46,832₹ 3,91,919
4Jul-2024₹ 51,220₹ 3,919₹ 47,301₹ 3,44,618
5Aug-2024₹ 51,220₹ 3,446₹ 47,774₹ 2,96,844
6Sep-2024₹ 51,220₹ 2,968₹ 48,252₹ 2,48,592
7Oct-2024₹ 51,220₹ 2,486₹ 48,734₹ 1,99,858
8Nov-2024₹ 51,220₹ 1,999₹ 49,221₹ 1,50,637
9Dec-2024₹ 51,220₹ 1,506₹ 49,714₹ 1,00,923
10Jan-2025₹ 51,220₹ 1,009₹ 50,211₹ 50,712
11Feb-2025₹ 51,220₹ 507₹ 50,7130
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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