- English
- Login / Register
Thukral Electric Grand EMI Calculator
It is very easy to calculate the EMI for your truck loan. You will get EMI as soon as you enter the required loan amount and the interest rate. Installment in EMI calculator is calculated on reducing balance. As per the rules of financing institutions, processing fee or possible charges may be applicable which are not shown in the EMI we calculate.
Thukral Electric Grand EMI starts at 2321 per month for a tenure of 60 months @ 10.5% for a loan amount of ₹1.20 Lakh. The EMI Calculator tool on trucksDekho gives a detailed break-up of the total payable amount and helps you in finding best truck finance for your Grand.
Calculate your EMI
Popular Thukral Electric Trucks
Thukral Electric EA-2 AutoFrom ₹4.00 Lakh*- Thukral Electric EC 1From ₹1.30 Lakh*
- Thukral Electric DLX AutoFrom ₹1.23 Lakh*
- Thukral Electric Grand Stainless SteelFrom ₹1.65 Lakh*
- Thukral Electric EC-2 Open CargoFrom ₹3.75 Lakh*
Further Research
Compare Grand with Competitors
- Low Speed
- Low Speed
- Low Speed
- Low Speed
- Low Speed
Frequently Asked Questions on Grand EMI
What will be the lowest down payment for Grand?
What will be the monthly EMI for the Grand?
EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for the Grand can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a commercial vehicle loan is Rs. 108000- on an annual rate of interest of 10.5 for a tenure of 5 years then EMI will be Rs 2321. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10.5 per annum, then R= 10.5/12 = 0.875.