VST Mitsubishi Shakti VT 224 - 1D AJAI - 4WB 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 AJAI - 4WB Click Here
Ex-showroom Price of VST Mitsubishi Shakti VT 224 - 1D AJAI - 4WB : ₹ 3,80,000
Loan Amount : ₹ 3,23,000
Down Payment : ₹ 57,000

Document Charges : NA
Processing Fee : ₹ 3,230
MonthsEMIChart
12₹ 28,414View Chart
24₹ 15,054View Chart
36₹ 10,622View Chart
48₹ 8,422View Chart
60₹ 7,114View Chart
72₹ 6,252View Chart
84₹ 5,645View Chart
Total Interest Amount is ₹ 17,969 for the loan amount of ₹ 3,23,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 28,414₹ 2,946₹ 25,468₹ 2,69,118
2Jun-2024₹ 28,414₹ 2,691₹ 25,723₹ 2,43,395
3Jul-2024₹ 28,414₹ 2,434₹ 25,980₹ 2,17,415
4Aug-2024₹ 28,414₹ 2,174₹ 26,240₹ 1,91,175
5Sep-2024₹ 28,414₹ 1,912₹ 26,502₹ 1,64,673
6Oct-2024₹ 28,414₹ 1,647₹ 26,767₹ 1,37,906
7Nov-2024₹ 28,414₹ 1,379₹ 27,035₹ 1,10,871
8Dec-2024₹ 28,414₹ 1,109₹ 27,305₹ 83,566
9Jan-2025₹ 28,414₹ 836₹ 27,578₹ 55,988
10Feb-2025₹ 28,414₹ 560₹ 27,854₹ 28,134
11Mar-2025₹ 28,414₹ 281₹ 28,1330
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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