VST Mitsubishi Shakti VT 224-1D 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 VST Mitsubishi Shakti VT 224-1D Click Here
Ex-showroom Price of VST Mitsubishi Shakti VT 224-1D : ₹ 4,70,000
Loan Amount : ₹ 3,99,500
Down Payment : ₹ 70,500

Document Charges : NA
Processing Fee : ₹ 3,995
MonthsEMIChart
12₹ 35,144View Chart
24₹ 18,620View Chart
36₹ 13,138View Chart
48₹ 10,416View Chart
60₹ 8,799View Chart
72₹ 7,733View Chart
84₹ 6,982View Chart
Total Interest Amount is ₹ 22,225 for the loan amount of ₹ 3,99,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2024₹ 35,144₹ 3,644₹ 31,500₹ 3,32,856
2Apr-2024₹ 35,144₹ 3,329₹ 31,815₹ 3,01,041
3May-2024₹ 35,144₹ 3,010₹ 32,134₹ 2,68,907
4Jun-2024₹ 35,144₹ 2,689₹ 32,455₹ 2,36,452
5Jul-2024₹ 35,144₹ 2,365₹ 32,779₹ 2,03,673
6Aug-2024₹ 35,144₹ 2,037₹ 33,107₹ 1,70,566
7Sep-2024₹ 35,144₹ 1,706₹ 33,438₹ 1,37,128
8Oct-2024₹ 35,144₹ 1,371₹ 33,773₹ 1,03,355
9Nov-2024₹ 35,144₹ 1,034₹ 34,110₹ 69,245
10Dec-2024₹ 35,144₹ 692₹ 34,452₹ 34,793
11Jan-2025₹ 35,144₹ 348₹ 34,7960
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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