Greaves Cotton 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 Greaves Cotton Tractor Loan

Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Greaves Cotton Tractor

Option 3) Enter the desired amount and desired interest rate of Greaves Cotton 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
Ex-showroom Price of Greaves Cotton GS 15 DIL : ₹ 1,51,000
Loan Amount : ₹ 1,28,350
Down Payment : ₹ 22,650

Document Charges : NA
Processing Fee : ₹ 1,284
MonthsEMIChart
12₹ 11,291View Chart
24₹ 5,982View Chart
36₹ 4,221View Chart
48₹ 3,346View Chart
60₹ 2,827View Chart
72₹ 2,484View Chart
84₹ 2,243View Chart
Total Interest Amount is ₹ 7,140 for the loan amount of ₹ 1,28,350
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 11,291₹ 1,171₹ 10,120₹ 1,06,939
2Jun-2024₹ 11,291₹ 1,069₹ 10,222₹ 96,717
3Jul-2024₹ 11,291₹ 967₹ 10,324₹ 86,393
4Aug-2024₹ 11,291₹ 864₹ 10,427₹ 75,966
5Sep-2024₹ 11,291₹ 760₹ 10,531₹ 65,435
6Oct-2024₹ 11,291₹ 654₹ 10,637₹ 54,798
7Nov-2024₹ 11,291₹ 548₹ 10,743₹ 44,055
8Dec-2024₹ 11,291₹ 441₹ 10,850₹ 33,205
9Jan-2025₹ 11,291₹ 332₹ 10,959₹ 22,246
10Feb-2025₹ 11,291₹ 222₹ 11,069₹ 11,177
11Mar-2025₹ 11,291₹ 112₹ 11,1790
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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