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Mahindra 245 DI Orchard Tractor loan EMI Calculator

Mahindra 245 DI Orchard EMI starts at Rs. 7,708 per month for a time period of 60 months at a 15 % interest rate for a loan amount of Rs. 3,24,000.If you are looking for a Mahindra 245 DI Orchard EMI calculator, try the Tractorjunction EMI calculator.

Our Tractor EMI calculator provides detailed EMI payable for Mahindra 245 DI Orchard. You just have to enter the down payment, interest rate and loan tenure for Mahindra 245 DI Orchard. With our EMI calculator for tractors, you can easily calculate the monthly instalments, total interest payable, and the total amount payable for Mahindra 245 DI Orchard after reducing the down payment amount.

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Mahindra 245 DI Orchard Tractor

Down Payment

36,000

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 Mahindra 245 DI Orchard Tractor Loan EMI

Ans. The EMI for Mahindra 245 DI Orchard depends on the tractor loan amount, loan tenure and the interest rate charged by various lenders.

Ans. The interest rate for Mahindra 245 DI Orchard 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 Mahindra 245 DI Orchard is ₹ 3.60-4.00 Lakh* in India.

Ans. For the down payment of Rs. 36,000 @15 % for 60 months, the monthly EMI of Mahindra 245 DI Orchard is Rs. 7,708.

Ans. The monthly EMI for Mahindra 245 DI Orchard 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 Mahindra 245 DI Orchard.

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