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Escorts Steeltrac Tractor loan EMI Calculator

Escorts Steeltrac EMI starts at Rs. 5,567 per month for a time period of 60 months at a 15 % interest rate for a loan amount of Rs. 2,34,000.If you are looking for a Escorts Steeltrac EMI calculator, try the Tractorjunction EMI calculator.

Our Tractor EMI calculator provides detailed EMI payable for Escorts Steeltrac. You just have to enter the down payment, interest rate and loan tenure for Escorts Steeltrac. With our EMI calculator for tractors, you can easily calculate the monthly instalments, total interest payable, and the total amount payable for Escorts Steeltrac after reducing the down payment amount.

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Escorts Steeltrac Tractor

Down Payment

26,000

Bank Interest Rate

%

Loan Period (Months)
12
18
24
30
36
42
48
54
60
66
72
78
84

Repayment Interval

EMI

₹ 0

Per Month

*Ex-showroom Price

₹ 0

Total Loan Amount

₹ 0

Payable Amount

₹ 0

You’ll pay extra

₹ 0

₹ 0

EMI Per Month

*Ex-showroom Price

₹ 0

Total Loan Amount

₹ 0

Payable Amount

₹ 0

You’ll pay extra

₹ 0

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FAQ on Escorts Steeltrac Tractor Loan EMI

Ans. The EMI for Escorts Steeltrac depends on the tractor loan amount, loan tenure and the interest rate charged by various lenders.

Ans. The interest rate for Escorts Steeltrac depends on the bank and lending institution. Banks’ interest rates start from 13% and go up to 22% per annum.

Ans. The ex-showroom price of Escorts Steeltrac is ₹ 2.60-2.90 Lakh* in India.

Ans. For the down payment of Rs. 26,000 @15 % for 60 months, the monthly EMI of Escorts Steeltrac is Rs. 5,567.

Ans. The monthly EMI for Escorts Steeltrac is calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. In this, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for Escorts Steeltrac.

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