Tafe and Massey Ferguson MF 375 ET 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 375 ET Click Here
Ex-showroom Price of Tafe and Massey Ferguson MF 375 ET : ₹ 5,00,000
Loan Amount : ₹ 4,25,000
Down Payment : ₹ 75,000

Document Charges : NA
Processing Fee : ₹ 4,250
MonthsEMIChart
12₹ 37,387View Chart
24₹ 19,808View Chart
36₹ 13,976View Chart
48₹ 11,081View Chart
60₹ 9,360View Chart
72₹ 8,227View Chart
84₹ 7,428View Chart
Total Interest Amount is ₹ 23,644 for the loan amount of ₹ 4,25,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 37,387₹ 3,876₹ 33,511₹ 3,54,102
2May-2024₹ 37,387₹ 3,541₹ 33,846₹ 3,20,256
3Jun-2024₹ 37,387₹ 3,203₹ 34,184₹ 2,86,072
4Jul-2024₹ 37,387₹ 2,861₹ 34,526₹ 2,51,546
5Aug-2024₹ 37,387₹ 2,515₹ 34,872₹ 2,16,674
6Sep-2024₹ 37,387₹ 2,167₹ 35,220₹ 1,81,454
7Oct-2024₹ 37,387₹ 1,815₹ 35,572₹ 1,45,882
8Nov-2024₹ 37,387₹ 1,459₹ 35,928₹ 1,09,954
9Dec-2024₹ 37,387₹ 1,100₹ 36,287₹ 73,667
10Jan-2025₹ 37,387₹ 737₹ 36,650₹ 37,017
11Feb-2025₹ 37,387₹ 370₹ 37,0170
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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