Tafe and Massey Ferguson MF 1035 DI Shakti Tractor EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Tractor Loan

Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Tractor

Option 3) Enter the desired amount and desired interest rate of Tractor to know the emi and finance option

EMI for the tractor you want Suggest the best bank EMI with rate you wish
EMI in Advance EMI in Arrears
To get finance for Tafe and Massey Ferguson MF 1035 DI Shakti Click Here
Ex-showroom Price of Tafe and Massey Ferguson MF 1035 DI Shakti : ₹ 5,77,000
Loan Amount : ₹ 4,90,450
Down Payment : ₹ 86,550

Document Charges : NA
Processing Fee : ₹ 4,905
MonthsEMIChart
12₹ 43,144View Chart
24₹ 22,859View Chart
36₹ 16,129View Chart
48₹ 12,788View Chart
60₹ 10,802View Chart
72₹ 9,493View Chart
84₹ 8,572View Chart
Total Interest Amount is ₹ 27,283 for the loan amount of ₹ 4,90,450
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 43,144₹ 4,473₹ 38,671₹ 4,08,635
2Jun-2022₹ 43,144₹ 4,086₹ 39,058₹ 3,69,577
3Jul-2022₹ 43,144₹ 3,696₹ 39,448₹ 3,30,129
4Aug-2022₹ 43,144₹ 3,301₹ 39,843₹ 2,90,286
5Sep-2022₹ 43,144₹ 2,903₹ 40,241₹ 2,50,045
6Oct-2022₹ 43,144₹ 2,500₹ 40,644₹ 2,09,401
7Nov-2022₹ 43,144₹ 2,094₹ 41,050₹ 1,68,351
8Dec-2022₹ 43,144₹ 1,684₹ 41,460₹ 1,26,891
9Jan-2023₹ 43,144₹ 1,269₹ 41,875₹ 85,016
10Feb-2023₹ 43,144₹ 850₹ 42,294₹ 42,722
11Mar-2023₹ 43,144₹ 427₹ 42,7170
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on tractor loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the tractor. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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