Mahindra ALFA DX Truck EMI calculator

Ex-showroom Price of Mahindra ALFA DX : ₹ 3,00,715
Loan Amount : ₹ 2,55,608
Down Payment : ₹ 45,107

Document Charges : Rs.250
Processing Fee : ₹ 1,278
MonthsEMIChart
12₹ 23,037View Chart
24₹ 12,517View Chart
36₹ 9,045View Chart
48₹ 7,335View Chart
60₹ 6,329View Chart
72₹ 5,675View Chart
84₹ 5,222View 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 ALFA DX Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra ALFA DX Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra ALFA DX Truck to know the emi and finance option

EMI for the truck you want
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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 20,841 for the loan amount of ₹ 2,55,608
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Dec-2024₹ 23,037₹ 3,392₹ 19,645₹ 2,12,926
2Jan-2025₹ 23,037₹ 3,105₹ 19,932₹ 1,92,994
3Feb-2025₹ 23,037₹ 2,814₹ 20,223₹ 1,72,771
4Mar-2025₹ 23,037₹ 2,520₹ 20,517₹ 1,52,254
5Apr-2025₹ 23,037₹ 2,220₹ 20,817₹ 1,31,437
6May-2025₹ 23,037₹ 1,917₹ 21,120₹ 1,10,317
7Jun-2025₹ 23,037₹ 1,609₹ 21,428₹ 88,889
8Jul-2025₹ 23,037₹ 1,296₹ 21,741₹ 67,148
9Aug-2025₹ 23,037₹ 979₹ 22,058₹ 45,090
10Sep-2025₹ 23,037₹ 658₹ 22,379₹ 22,711
11Oct-2025₹ 23,037₹ 331₹ 22,7060
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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