Eicher 368 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 Eicher 368 Click Here
Ex-showroom Price of Eicher 368 : ₹ 5,51,000
Loan Amount : ₹ 4,68,350
Down Payment : ₹ 82,650

Document Charges : NA
Processing Fee : ₹ 4,684
MonthsEMIChart
12₹ 41,200View Chart
24₹ 21,829View Chart
36₹ 15,402View Chart
48₹ 12,211View Chart
60₹ 10,315View Chart
72₹ 9,066View Chart
84₹ 8,186View Chart
Total Interest Amount is ₹ 26,056 for the loan amount of ₹ 4,68,350
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 41,200₹ 4,272₹ 36,928₹ 3,90,222
2May-2024₹ 41,200₹ 3,902₹ 37,298₹ 3,52,924
3Jun-2024₹ 41,200₹ 3,529₹ 37,671₹ 3,15,253
4Jul-2024₹ 41,200₹ 3,153₹ 38,047₹ 2,77,206
5Aug-2024₹ 41,200₹ 2,772₹ 38,428₹ 2,38,778
6Sep-2024₹ 41,200₹ 2,388₹ 38,812₹ 1,99,966
7Oct-2024₹ 41,200₹ 2,000₹ 39,200₹ 1,60,766
8Nov-2024₹ 41,200₹ 1,608₹ 39,592₹ 1,21,174
9Dec-2024₹ 41,200₹ 1,212₹ 39,988₹ 81,186
10Jan-2025₹ 41,200₹ 812₹ 40,388₹ 40,798
11Feb-2025₹ 41,200₹ 408₹ 40,7920
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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