Terra Motors Y4Alfa Truck EMI calculator

Ex-showroom Price of Terra Motors Y4Alfa : ₹ 1,30,000
Loan Amount : ₹ 1,10,500
Down Payment : ₹ 19,500

Document Charges : Rs.250
Processing Fee : ₹ 553
MonthsEMIChart
12₹ 9,959View Chart
24₹ 5,411View Chart
36₹ 3,910View Chart
48₹ 3,171View Chart
60₹ 2,736View Chart
72₹ 2,453View Chart
84₹ 2,257View Chart

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 Terra Motors Y4Alfa Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Terra Motors Y4Alfa Truck
Option 3) Enter the desired amount and desired interest rate of Terra Motors Y4Alfa Truck to know the emi and finance option

EMI for the truck you want
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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 9,008 for the loan amount of ₹ 1,10,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 9,959₹ 1,466₹ 8,493₹ 92,048
2May-2024₹ 9,959₹ 1,342₹ 8,617₹ 83,431
3Jun-2024₹ 9,959₹ 1,217₹ 8,742₹ 74,689
4Jul-2024₹ 9,959₹ 1,089₹ 8,870₹ 65,819
5Aug-2024₹ 9,959₹ 960₹ 8,999₹ 56,820
6Sep-2024₹ 9,959₹ 829₹ 9,130₹ 47,690
7Oct-2024₹ 9,959₹ 695₹ 9,264₹ 38,426
8Nov-2024₹ 9,959₹ 560₹ 9,399₹ 29,027
9Dec-2024₹ 9,959₹ 423₹ 9,536₹ 19,491
10Jan-2025₹ 9,959₹ 284₹ 9,675₹ 9,816
11Feb-2025₹ 9,959₹ 143₹ 9,8160
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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