Mahindra E-Alfa Mini Truck EMI calculator

Ex-showroom Price of Mahindra E-Alfa Mini : ₹ 1,77,379
Loan Amount : ₹ 1,50,772
Down Payment : ₹ 26,607

Document Charges : Rs.250
Processing Fee : ₹ 754
MonthsEMIChart
12₹ 13,589View Chart
24₹ 7,383View Chart
36₹ 5,335View Chart
48₹ 4,327View Chart
60₹ 3,733View Chart
72₹ 3,347View Chart
84₹ 3,080View 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 E-Alfa Mini Truck Loan
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra E-Alfa Mini Truck
Option 3) Enter the desired amount and desired interest rate of Mahindra E-Alfa Mini Truck to know the emi and finance option

EMI for the truck you want
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EMI with rate you wish
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EMI in Advance EMI in Arrears
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Total Interest Amount is ₹ 12,295 for the loan amount of ₹ 1,50,772
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Nov-2024₹ 13,589₹ 2,001₹ 11,588₹ 1,25,595
2Dec-2024₹ 13,589₹ 1,832₹ 11,757₹ 1,13,838
3Jan-2025₹ 13,589₹ 1,660₹ 11,929₹ 1,01,909
4Feb-2025₹ 13,589₹ 1,486₹ 12,103₹ 89,806
5Mar-2025₹ 13,589₹ 1,310₹ 12,279₹ 77,527
6Apr-2025₹ 13,589₹ 1,131₹ 12,458₹ 65,069
7May-2025₹ 13,589₹ 949₹ 12,640₹ 52,429
8Jun-2025₹ 13,589₹ 765₹ 12,824₹ 39,605
9Jul-2025₹ 13,589₹ 578₹ 13,011₹ 26,594
10Aug-2025₹ 13,589₹ 388₹ 13,201₹ 13,393
11Sep-2025₹ 13,589₹ 195₹ 13,3940
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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