New Holland 5500 Turbo Super - 55 HP 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 New Holland 5500 Turbo Super - 55 HP Click Here
Ex-showroom Price of New Holland 5500 Turbo Super - 55 HP : ₹ 10,32,000
Loan Amount : ₹ 8,77,200
Down Payment : ₹ 1,54,800

Document Charges : NA
Processing Fee : ₹ 8,772
MonthsEMIChart
12₹ 77,166View Chart
24₹ 40,884View Chart
36₹ 28,847View Chart
48₹ 22,871View Chart
60₹ 19,320View Chart
72₹ 16,980View Chart
84₹ 15,332View Chart
Total Interest Amount is ₹ 48,799 for the loan amount of ₹ 8,77,200
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 77,166₹ 8,000₹ 69,166₹ 7,30,868
2Jun-2024₹ 77,166₹ 7,309₹ 69,857₹ 6,61,011
3Jul-2024₹ 77,166₹ 6,610₹ 70,556₹ 5,90,455
4Aug-2024₹ 77,166₹ 5,905₹ 71,261₹ 5,19,194
5Sep-2024₹ 77,166₹ 5,192₹ 71,974₹ 4,47,220
6Oct-2024₹ 77,166₹ 4,472₹ 72,694₹ 3,74,526
7Nov-2024₹ 77,166₹ 3,745₹ 73,421₹ 3,01,105
8Dec-2024₹ 77,166₹ 3,011₹ 74,155₹ 2,26,950
9Jan-2025₹ 77,166₹ 2,270₹ 74,896₹ 1,52,054
10Feb-2025₹ 77,166₹ 1,521₹ 75,645₹ 76,409
11Mar-2025₹ 77,166₹ 764₹ 76,4020
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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