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Tata LP 913 EMI Calculator
₹1,86,996
13%
60
EMI
per month
₹0
Calculated on Ex-showroom Price
*Ex-showroom Price
₹18,69,960
Principal Amount
₹16,82,964
Total interest
₹0
Total Amount
₹0
Tata LP 913 Loan EMI Calculator
Tata LP 913 Loan EMI starts at ₹ 38293 per month with a down payment of ₹ 1,86,996 for 60 months tenure at the interest rate of 13% (depends upon the bank). You can choose the EMI options for the given loan amount on quarterly, half-yearly, and yearly basis. Note that each option will alter the amount of EMI payment.
Our CMV360 EMI Calculator tool helps you to break down the total payable amount and to find the best truck finance options for your LP 913. That will give you a detail insights of your purchase.
Tata LP 913 Down Payment and EMI
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(60 MONTHS) |
|---|---|---|---|
| Tata LP 913 | 13% | ₹ 1,86,996 | ₹ 38,293 |
Tata LP 913 Similar Buses
Frequently Asked Questions
Following documents are required for Tata LP 913 loan :
- Identity Proof
- Address Proof
- Income Proof
- Bank Statements
- Vehicle Details
- Business Proof
- Photographs
To calculate the Equated Monthly Installment (EMI) for a Tata LP 913, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Tata LP 913 EMI Calculation: The formula for calculating EMI is as follows:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
EMI: Equated Monthly Installment
P: Principal loan amount (the loan amount)
R: Monthly interest rate (annual rate divided by 12 and expressed as a decimal)
N: Loan tenure in months
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