Swaraj 960 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 960 FE Click Here
Ex-showroom Price of Swaraj 960 FE : ₹ 7,60,000
Loan Amount : ₹ 6,46,000
Down Payment : ₹ 1,14,000

Document Charges : NA
Processing Fee : ₹ 6,460
MonthsEMIChart
12₹ 56,828View Chart
24₹ 30,108View Chart
36₹ 21,244View Chart
48₹ 16,843View Chart
60₹ 14,228View Chart
72₹ 12,504View Chart
84₹ 11,291View Chart
Total Interest Amount is ₹ 35,936 for the loan amount of ₹ 6,46,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 56,828₹ 5,892₹ 50,936₹ 5,38,236
2Jun-2022₹ 56,828₹ 5,382₹ 51,446₹ 4,86,790
3Jul-2022₹ 56,828₹ 4,868₹ 51,960₹ 4,34,830
4Aug-2022₹ 56,828₹ 4,348₹ 52,480₹ 3,82,350
5Sep-2022₹ 56,828₹ 3,824₹ 53,004₹ 3,29,346
6Oct-2022₹ 56,828₹ 3,293₹ 53,535₹ 2,75,811
7Nov-2022₹ 56,828₹ 2,758₹ 54,070₹ 2,21,741
8Dec-2022₹ 56,828₹ 2,217₹ 54,611₹ 1,67,130
9Jan-2023₹ 56,828₹ 1,671₹ 55,157₹ 1,11,973
10Feb-2023₹ 56,828₹ 1,120₹ 55,708₹ 56,265
11Mar-2023₹ 56,828₹ 563₹ 56,2650
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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