Mahindra 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 Mahindra Tractor Loan

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

Option 3) Enter the desired amount and desired interest rate of Mahindra 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 Mahindra 255 DI Power Plus : ₹ 4,38,000
Loan Amount : ₹ 3,72,300
Down Payment : ₹ 65,700

Document Charges : NA
Processing Fee : ₹ 3,723
MonthsEMIChart
12₹ 32,751View Chart
24₹ 17,352View Chart
36₹ 12,243View Chart
48₹ 9,707View Chart
60₹ 8,200View Chart
72₹ 7,206View Chart
84₹ 6,507View Chart
Total Interest Amount is ₹ 20,710 for the loan amount of ₹ 3,72,300
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Nov-2024₹ 32,751₹ 3,395₹ 29,356₹ 3,10,193
2Dec-2024₹ 32,751₹ 3,102₹ 29,649₹ 2,80,544
3Jan-2025₹ 32,751₹ 2,805₹ 29,946₹ 2,50,598
4Feb-2025₹ 32,751₹ 2,506₹ 30,245₹ 2,20,353
5Mar-2025₹ 32,751₹ 2,204₹ 30,547₹ 1,89,806
6Apr-2025₹ 32,751₹ 1,898₹ 30,853₹ 1,58,953
7May-2025₹ 32,751₹ 1,590₹ 31,161₹ 1,27,792
8Jun-2025₹ 32,751₹ 1,278₹ 31,473₹ 96,319
9Jul-2025₹ 32,751₹ 963₹ 31,788₹ 64,531
10Aug-2025₹ 32,751₹ 645₹ 32,106₹ 32,425
11Sep-2025₹ 32,751₹ 324₹ 32,4270
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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