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₹1,23,200
13%
60
per month
Calculated on Ex-showroom Price
*Ex-showroom Price
₹12,32,000
Priciple amount
₹11,08,800
Total interest
₹0
Total Amount
₹0
Switch IeV3 Loan EMI starts at ₹ 25229 per month with a down payment of ₹ 1,23,200 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 IeV3. That will give you a detail insights of your purchase.
Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(60 MONTHS) |
---|---|---|---|
Switch IeV3 | 13% | ₹ 1,23,200 | ₹ 25,229 |
Following documents are required for Switch IeV3 loan :
To calculate the Equated Monthly Installment (EMI) for a Switch IeV3, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Switch IeV3 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
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002
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