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Jupiter Jem Tez EMI Calculator

Down Payment

1,03,500

Bank Interest Rate

13%

Loan Period(Months)

60

EMI

per month

0

Calculated on Ex-showroom Price

*Ex-showroom Price

10,35,000

Principal Amount

9,31,500

Total interest

0

Total Amount

0

Jupiter Jem Tez Loan EMI Calculator

Jupiter Jem Tez Loan EMI starts at ₹ 21194 per month with a down payment of ₹ 1,03,500 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 Jem Tez. That will give you a detail insights of your purchase.

Jupiter Jem Tez Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(60 MONTHS)
Jupiter Jem Tez 13% ₹ 1,03,500 ₹ 21,194

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Frequently Asked Questions


Jupiter Jem Tez EMI depends upon various factors like truck loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 21,194 with the down payment of ₹ 1,03,500 at the interest rate of 13% for 5 year (varies from bank to bank).

It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 10% and goes up to 24% per annum.

Jupiter Jem Tez Minimum down payment starts from ₹ 1,03,500. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

You will have to pay ₹ 1,03,500 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 21,194.

Following documents are required for Jupiter Jem Tez loan :

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Statements
  • Vehicle Details
  • Business Proof
  • Photographs

The 2025 price for the Jupiter Jem Tez starts from ₹ 10.35 Lakh Onwards . Although it can vary slightly from state to state and city to city.

To calculate the Equated Monthly Installment (EMI) for a Jupiter Jem Tez, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for Jupiter Jem Tez 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

CMV360 assists you in locating the closest dealerships on Jupiter Jem Tez where you can avail of excellent deals and purchase the Jupiter Jem Tez with the most affordable monthly EMI.

Jupiter is here to redefine affordability with our exclusive EMI offer for the mighty Jupiter Jem Tez. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.