Sonalika GT 28 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 GT 28 Click Here
Ex-showroom Price of Sonalika GT 28 : ₹ 4,59,000
Loan Amount : ₹ 3,90,150
Down Payment : ₹ 68,850

Document Charges : NA
Processing Fee : ₹ 3,902
MonthsEMIChart
12₹ 34,321View Chart
24₹ 18,184View Chart
36₹ 12,830View Chart
48₹ 10,172View Chart
60₹ 8,593View Chart
72₹ 7,552View Chart
84₹ 6,819View Chart
Total Interest Amount is ₹ 21,703 for the loan amount of ₹ 3,90,150
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 34,321₹ 3,558₹ 30,763₹ 3,25,066
2Jun-2022₹ 34,321₹ 3,251₹ 31,070₹ 2,93,996
3Jul-2022₹ 34,321₹ 2,940₹ 31,381₹ 2,62,615
4Aug-2022₹ 34,321₹ 2,626₹ 31,695₹ 2,30,920
5Sep-2022₹ 34,321₹ 2,309₹ 32,012₹ 1,98,908
6Oct-2022₹ 34,321₹ 1,989₹ 32,332₹ 1,66,576
7Nov-2022₹ 34,321₹ 1,666₹ 32,655₹ 1,33,921
8Dec-2022₹ 34,321₹ 1,339₹ 32,982₹ 1,00,939
9Jan-2023₹ 34,321₹ 1,009₹ 33,312₹ 67,627
10Feb-2023₹ 34,321₹ 676₹ 33,645₹ 33,982
11Mar-2023₹ 34,321₹ 340₹ 33,9810
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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