Mahindra Alfa Load Truck EMI calculator

Ex-showroom Price of Mahindra Alfa Load : ₹ 1,52,745
Loan Amount : ₹ 1,29,833
Down Payment : ₹ 22,912

Document Charges : Rs.250
Processing Fee : ₹ 649
MonthsEMIChart
12₹ 11,702View Chart
24₹ 6,358View Chart
36₹ 4,594View Chart
48₹ 3,726View Chart
60₹ 3,215View Chart
72₹ 2,883View Chart
84₹ 2,652View 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 Load 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 Load Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra Alfa Load 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 ₹ 10,586 for the loan amount of ₹ 1,29,833
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Nov-2024₹ 11,702₹ 1,723₹ 9,979₹ 1,08,152
2Dec-2024₹ 11,702₹ 1,577₹ 10,125₹ 98,027
3Jan-2025₹ 11,702₹ 1,430₹ 10,272₹ 87,755
4Feb-2025₹ 11,702₹ 1,280₹ 10,422₹ 77,333
5Mar-2025₹ 11,702₹ 1,128₹ 10,574₹ 66,759
6Apr-2025₹ 11,702₹ 974₹ 10,728₹ 56,031
7May-2025₹ 11,702₹ 817₹ 10,885₹ 45,146
8Jun-2025₹ 11,702₹ 658₹ 11,044₹ 34,102
9Jul-2025₹ 11,702₹ 497₹ 11,205₹ 22,897
10Aug-2025₹ 11,702₹ 334₹ 11,368₹ 11,529
11Sep-2025₹ 11,702₹ 168₹ 11,5340
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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