Option 1) Select your desired three wheeler model and desired bank to know the emi and interest amount you pay during the entire loan period. Also don't forget to see the emi chart for various period
Option 2) Select your desired auto rickshaw model and get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee in India
Option 3) Enter the desired amount (price of your dream commercial vehicle) and desired interest rate of your mini truck to know the exact emi you have to pay
| Months | EMI | Chart |
|---|---|---|
| 12 | ₹ 33,191 | View Chart |
| 24 | ₹ 17,789 | View Chart |
| 36 | ₹ 12,691 | View Chart |
| 48 | ₹ 10,168 | View Chart |
| 60 | ₹ 8,675 | View Chart |
| 72 | ₹ 7,696 | View Chart |
| 84 | ₹ 7,012 | View Chart |
| EMI Number | EMI Month | EMI Amount | Interest Amount | Principal Reduction | Balance Due |
|---|---|---|---|---|---|
| 1 | Dec-2024 | ₹ 33,191 | ₹ 4,108 | ₹ 29,083 | ₹ 3,10,876 |
| 2 | Jan-2025 | ₹ 33,191 | ₹ 3,756 | ₹ 29,435 | ₹ 2,81,441 |
| 3 | Feb-2025 | ₹ 33,191 | ₹ 3,401 | ₹ 29,790 | ₹ 2,51,651 |
| 4 | Mar-2025 | ₹ 33,191 | ₹ 3,041 | ₹ 30,150 | ₹ 2,21,501 |
| 5 | Apr-2025 | ₹ 33,191 | ₹ 2,676 | ₹ 30,515 | ₹ 1,90,986 |
| 6 | May-2025 | ₹ 33,191 | ₹ 2,308 | ₹ 30,883 | ₹ 1,60,103 |
| 7 | Jun-2025 | ₹ 33,191 | ₹ 1,935 | ₹ 31,256 | ₹ 1,28,847 |
| 8 | Jul-2025 | ₹ 33,191 | ₹ 1,557 | ₹ 31,634 | ₹ 97,213 |
| 9 | Aug-2025 | ₹ 33,191 | ₹ 1,175 | ₹ 32,016 | ₹ 65,197 |
| 10 | Sep-2025 | ₹ 33,191 | ₹ 788 | ₹ 32,403 | ₹ 32,794 |
| 11 | Oct-2025 | ₹ 33,191 | ₹ 396 | ₹ 32,795 | 0 |
Usually, with the aid of EMI calculator, provided by the other sites auto/finance websites at Vicky.in you can able to get only the EMI to be paid, on choosing the loan amount and the interest rate. But, Vicky. in proves to be unique among other sites, via. the provision of information in a clear manner, that help the users to get quicker truck loan approval for the truck you desire from the bank that offers lower interest rate.
EMI schedule for the truck you want :
Vicky. in provides an additional option for selecting the bank, along with the options for choosing make name and the model. Since each bank fixes its own interest rate, you can able to view the full details about EMI payment to be paid for each bank along with processing fee and documentation charges.
Suggesting the Best Bank:
Loan will be provided on ex-showroom price only not on the on-road price. Down payment (contribution by the customer) is mandatory and it would be between 15%-25% of the ex-showroom price. You should look at the bank which demands lesser down payment, if you are in need of cash. Also, the bank which offers you the affordable interest rate, lower processing charge and lower documentation charges is better. At Vicky.in we show you the best bank considering all these parameters. Just select the desired truck model and get to know the best bank.
You can also view the EMI payment schedule at the interest rate that you desire and for the loan amount that you provide.
* Usually the margin on truck loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the truck. 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)