Swaraj 742 FE 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 742 FE Click Here
Ex-showroom Price of Swaraj 742 FE : ₹ 6,20,000
Loan Amount : ₹ 5,27,000
Down Payment : ₹ 93,000

Document Charges : NA
Processing Fee : ₹ 5,270
MonthsEMIChart
12₹ 46,360View Chart
24₹ 24,562View Chart
36₹ 17,331View Chart
48₹ 13,741View Chart
60₹ 11,607View Chart
72₹ 10,201View Chart
84₹ 9,211View Chart
Total Interest Amount is ₹ 29,315 for the loan amount of ₹ 5,27,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 46,360₹ 4,806₹ 41,554₹ 4,39,086
2May-2024₹ 46,360₹ 4,391₹ 41,969₹ 3,97,117
3Jun-2024₹ 46,360₹ 3,971₹ 42,389₹ 3,54,728
4Jul-2024₹ 46,360₹ 3,547₹ 42,813₹ 3,11,915
5Aug-2024₹ 46,360₹ 3,119₹ 43,241₹ 2,68,674
6Sep-2024₹ 46,360₹ 2,687₹ 43,673₹ 2,25,001
7Oct-2024₹ 46,360₹ 2,250₹ 44,110₹ 1,80,891
8Nov-2024₹ 46,360₹ 1,809₹ 44,551₹ 1,36,340
9Dec-2024₹ 46,360₹ 1,363₹ 44,997₹ 91,343
10Jan-2025₹ 46,360₹ 913₹ 45,447₹ 45,896
11Feb-2025₹ 46,360₹ 459₹ 45,9010
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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