Mahindra Supro School Van Truck EMI calculator

Ex-showroom Price of Mahindra Supro School Van : ₹ 8,24,822
Loan Amount : ₹ 7,01,099
Down Payment : ₹ 1,23,723

Document Charges : Rs.250
Processing Fee : ₹ 3,505
MonthsEMIChart
12₹ 63,189View Chart
24₹ 34,332View Chart
36₹ 24,809View Chart
48₹ 20,119View Chart
60₹ 17,360View Chart
72₹ 15,566View Chart
84₹ 14,322View 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 Mahindra Supro School Van Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Supro School Van Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Supro School Van Truck to know the emi and finance option

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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 57,163 for the loan amount of ₹ 7,01,099
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 63,189₹ 9,303₹ 53,886₹ 5,84,024
2Jun-2024₹ 63,189₹ 8,517₹ 54,672₹ 5,29,352
3Jul-2024₹ 63,189₹ 7,720₹ 55,469₹ 4,73,883
4Aug-2024₹ 63,189₹ 6,911₹ 56,278₹ 4,17,605
5Sep-2024₹ 63,189₹ 6,090₹ 57,099₹ 3,60,506
6Oct-2024₹ 63,189₹ 5,257₹ 57,932₹ 3,02,574
7Nov-2024₹ 63,189₹ 4,413₹ 58,776₹ 2,43,798
8Dec-2024₹ 63,189₹ 3,555₹ 59,634₹ 1,84,164
9Jan-2025₹ 63,189₹ 2,686₹ 60,503₹ 1,23,661
10Feb-2025₹ 63,189₹ 1,803₹ 61,386₹ 62,275
11Mar-2025₹ 63,189₹ 908₹ 62,2810
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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