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₹45,509.5
13%
60
per month
Calculated on Ex-showroom Price
*Ex-showroom Price
₹4,55,095
Principal Amount
₹4,09,585.5
Total interest
₹0
Total Amount
₹0
Mahindra Jeeto Loan EMI starts at ₹ 9319 per month with a down payment of ₹ 45,509.5 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 Jeeto. That will give you a detail insights of your purchase.
Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(60 MONTHS) |
---|---|---|---|
Mahindra Jeeto | 13% | ₹ 45,509.5 | ₹ 9,319 |
Following documents are required for Mahindra Jeeto loan :
To calculate the Equated Monthly Installment (EMI) for a Mahindra Jeeto, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Mahindra Jeeto 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