Ad

Ad

Ad

Mahindra FURIO 16 EMI Calculator

Down Payment

2,44,800

Bank Interest Rate

13%

Loan Period(Months)

60

EMI

per month

0

Calculated on Ex-showroom Price

*Ex-showroom Price

24,48,000

Priciple amount

22,03,200

Total interest

0

Total Amount

0

Mahindra FURIO 16 Loan EMI Calculator

Mahindra FURIO 16 Loan EMI starts at ₹ 50130 per month with a down payment of ₹ 2,44,800 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 FURIO 16. That will give you a detail insights of your purchase.

Mahindra FURIO 16 Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(60 MONTHS)
Mahindra FURIO 16 13% ₹ 2,44,800 ₹ 50,130

Mahindra FURIO 16 Similar Trucks

Eicher Pro 2095XP

Eicher Pro 2095XP

Ex-showroom Price
₹ 17.16 Lakh
Mahindra Supro Profit Truck Maxi

Mahindra Supro Profit Truck Maxi

Ex-showroom Price
₹ 6.94 Lakh
Mahindra Supro Profit Truck Mini

Mahindra Supro Profit Truck Mini

Ex-showroom Price
₹ 5.92 Lakh
Mahindra Blazo X 35

Mahindra Blazo X 35

Ex-showroom Price
₹ 37.90 Lakh
Eicher Pro 3015

Eicher Pro 3015

Ex-showroom Price
₹ 25.01 Lakh

Frequently Asked Questions


Mahindra FURIO 16 EMI depends upon various factors like truck loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 50,130 with the down payment of ₹ 2,44,800 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.

Mahindra FURIO 16 Minimum down payment starts from ₹ 2,44,800. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

You will have to pay ₹ 2,44,800 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 50,130.

Following documents are required for Mahindra FURIO 16 loan :

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

The 2024 price for the Mahindra FURIO 16 starts from ₹ 24.48 Lakh Onwards . Although it can vary slightly from state to state and city to city.

To calculate the Equated Monthly Installment (EMI) for a Mahindra FURIO 16, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for Mahindra FURIO 16 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 Mahindra FURIO 16 where you can avail of excellent deals and purchase the Mahindra FURIO 16 with the most affordable monthly EMI.

Mahindra is here to redefine affordability with our exclusive EMI offer for the mighty Mahindra FURIO 16. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.