Mahindra Arjun Novo 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 Mahindra Arjun Novo Click Here
Ex-showroom Price of Mahindra Arjun Novo : ₹ 10,50,000
Loan Amount : ₹ 8,92,500
Down Payment : ₹ 1,57,500

Document Charges : NA
Processing Fee : ₹ 8,925
MonthsEMIChart
12₹ 78,512View Chart
24₹ 41,597View Chart
36₹ 29,350View Chart
48₹ 23,270View Chart
60₹ 19,657View Chart
72₹ 17,276View Chart
84₹ 15,599View Chart
Total Interest Amount is ₹ 49,649 for the loan amount of ₹ 8,92,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2025₹ 78,512₹ 8,140₹ 70,372₹ 7,43,616
2Apr-2025₹ 78,512₹ 7,436₹ 71,076₹ 6,72,540
3May-2025₹ 78,512₹ 6,725₹ 71,787₹ 6,00,753
4Jun-2025₹ 78,512₹ 6,008₹ 72,504₹ 5,28,249
5Jul-2025₹ 78,512₹ 5,282₹ 73,230₹ 4,55,019
6Aug-2025₹ 78,512₹ 4,550₹ 73,962₹ 3,81,057
7Sep-2025₹ 78,512₹ 3,811₹ 74,701₹ 3,06,356
8Oct-2025₹ 78,512₹ 3,064₹ 75,448₹ 2,30,908
9Nov-2025₹ 78,512₹ 2,309₹ 76,203₹ 1,54,705
10Dec-2025₹ 78,512₹ 1,547₹ 76,965₹ 77,740
11Jan-2026₹ 78,512₹ 777₹ 77,7350
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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