Swaraj 724 XM 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 Swaraj 724 XM Click Here
Ex-showroom Price of Swaraj 724 XM : ₹ 4,00,000
Loan Amount : ₹ 3,40,000
Down Payment : ₹ 60,000

Document Charges : NA
Processing Fee : ₹ 3,400
MonthsEMIChart
12₹ 29,909View Chart
24₹ 15,847View Chart
36₹ 11,181View Chart
48₹ 8,865View Chart
60₹ 7,488View Chart
72₹ 6,581View Chart
84₹ 5,943View Chart
Total Interest Amount is ₹ 18,914 for the loan amount of ₹ 3,40,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 29,909₹ 3,101₹ 26,808₹ 2,83,283
2May-2024₹ 29,909₹ 2,833₹ 27,076₹ 2,56,207
3Jun-2024₹ 29,909₹ 2,562₹ 27,347₹ 2,28,860
4Jul-2024₹ 29,909₹ 2,289₹ 27,620₹ 2,01,240
5Aug-2024₹ 29,909₹ 2,012₹ 27,897₹ 1,73,343
6Sep-2024₹ 29,909₹ 1,733₹ 28,176₹ 1,45,167
7Oct-2024₹ 29,909₹ 1,452₹ 28,457₹ 1,16,710
8Nov-2024₹ 29,909₹ 1,167₹ 28,742₹ 87,968
9Dec-2024₹ 29,909₹ 880₹ 29,029₹ 58,939
10Jan-2025₹ 29,909₹ 589₹ 29,320₹ 29,619
11Feb-2025₹ 29,909₹ 296₹ 29,6130
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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