Sonalika DI 60 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 60 Click Here
Ex-showroom Price of Sonalika DI 60 : ₹ 7,50,000
Loan Amount : ₹ 6,37,500
Down Payment : ₹ 1,12,500

Document Charges : NA
Processing Fee : ₹ 6,375
MonthsEMIChart
12₹ 56,080View Chart
24₹ 29,712View Chart
36₹ 20,964View Chart
48₹ 16,622View Chart
60₹ 14,040View Chart
72₹ 12,340View Chart
84₹ 11,142View Chart
Total Interest Amount is ₹ 35,463 for the loan amount of ₹ 6,37,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2024₹ 56,080₹ 5,814₹ 50,266₹ 5,31,154
2Apr-2024₹ 56,080₹ 5,312₹ 50,768₹ 4,80,386
3May-2024₹ 56,080₹ 4,804₹ 51,276₹ 4,29,110
4Jun-2024₹ 56,080₹ 4,291₹ 51,789₹ 3,77,321
5Jul-2024₹ 56,080₹ 3,773₹ 52,307₹ 3,25,014
6Aug-2024₹ 56,080₹ 3,250₹ 52,830₹ 2,72,184
7Sep-2024₹ 56,080₹ 2,722₹ 53,358₹ 2,18,826
8Oct-2024₹ 56,080₹ 2,188₹ 53,892₹ 1,64,934
9Nov-2024₹ 56,080₹ 1,649₹ 54,431₹ 1,10,503
10Dec-2024₹ 56,080₹ 1,105₹ 54,975₹ 55,528
11Jan-2025₹ 56,080₹ 555₹ 55,5250
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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