Tractors Finance EMI calculator

Option 1) Select your desired tractor model and desired bank to know the emi and interest amount you pay during the entire loan period. Also don't forget to see the emi chart for various period

Option 2) Select your desired tractor model and get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee in India

Option 3) Enter the desired amount (price of your dream commercial vehicle) and desired interest rate of your mini truck to know the exact emi you have to pay

EMI for the tractor you want Suggest the best bank EMI with rate you wish
EMI in Advance EMI in Arrears
Ex-showroom Price of Ace DI-6565 : ₹ 7,20,000
Loan Amount : ₹ 6,12,000
Down Payment : ₹ 1,08,000

Document Charges : Rs.1500
Processing Fee : ₹ 12,240
12₹ 54,999View Chart
24₹ 29,794View Chart
36₹ 21,469View Chart
48₹ 17,365View Chart
60₹ 14,947View Chart
72₹ 13,372View Chart
84₹ 12,278View Chart
Total Interest Amount is ₹ 47,989 for the loan amount of ₹ 6,12,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Oct-2020₹ 54,999₹ 7,817₹ 47,182₹ 5,09,819
2Nov-2020₹ 54,999₹ 7,154₹ 47,845₹ 4,61,974
3Dec-2020₹ 54,999₹ 6,483₹ 48,516₹ 4,13,458
4Jan-2021₹ 54,999₹ 5,802₹ 49,197₹ 3,64,261
5Feb-2021₹ 54,999₹ 5,112₹ 49,887₹ 3,14,374
6Mar-2021₹ 54,999₹ 4,412₹ 50,587₹ 2,63,787
7Apr-2021₹ 54,999₹ 3,702₹ 51,297₹ 2,12,490
8May-2021₹ 54,999₹ 2,982₹ 52,017₹ 1,60,473
9Jun-2021₹ 54,999₹ 2,252₹ 52,747₹ 1,07,726
10Jul-2021₹ 54,999₹ 1,512₹ 53,487₹ 54,239
11Aug-2021₹ 54,999₹ 761₹ 54,2380
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

Usually, with the aid of EMI calculator, provided by the other sites auto/finance websites at you can able to get only the EMI to be paid, on choosing the loan amount and the interest rate. But, Vicky. in proves to be unique among other sites, via. the provision of information in a clear manner, that help the users to get quicker tractor loan approval for the tractor you desire from the bank that offers lower interest rate.

EMI schedule for the tractor you want :

Vicky. in provides an additional option for selecting the bank, along with the options for choosing make name and the model. Since each bank fixes its own interest rate, you can able to view the full details about EMI payment to be paid for each bank along with processing fee and documentation charges.

Suggesting the Best Bank:

Loan will be provided on ex-showroom price only not on the on-road price. Down payment (contribution by the customer) is mandatory and it would be between 15%-25% of the ex-showroom price. You should look at the bank which demands lesser down payment, if you are in need of cash. Also, the bank which offers you the affordable interest rate, lower processing charge and lower documentation charges is better. At we show you the best bank considering all these parameters. Just select the desired tractor model and get to know the best bank.

You can also view the EMI payment schedule at the interest rate that you desire and for the loan amount that you provide

Also See

* 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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