Tafe and Massey Ferguson 6028 4WD 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 6028 4WD Click Here
Ex-showroom Price of Tafe and Massey Ferguson 6028 4WD : ₹ 5,40,000
Loan Amount : ₹ 4,59,000
Down Payment : ₹ 81,000

Document Charges : NA
Processing Fee : ₹ 4,590
MonthsEMIChart
12₹ 40,378View Chart
24₹ 21,393View Chart
36₹ 15,094View Chart
48₹ 11,968View Chart
60₹ 10,109View Chart
72₹ 8,885View Chart
84₹ 8,022View Chart
Total Interest Amount is ₹ 25,536 for the loan amount of ₹ 4,59,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 40,378₹ 4,186₹ 36,192₹ 3,82,430
2Jun-2024₹ 40,378₹ 3,824₹ 36,554₹ 3,45,876
3Jul-2024₹ 40,378₹ 3,459₹ 36,919₹ 3,08,957
4Aug-2024₹ 40,378₹ 3,090₹ 37,288₹ 2,71,669
5Sep-2024₹ 40,378₹ 2,717₹ 37,661₹ 2,34,008
6Oct-2024₹ 40,378₹ 2,340₹ 38,038₹ 1,95,970
7Nov-2024₹ 40,378₹ 1,960₹ 38,418₹ 1,57,552
8Dec-2024₹ 40,378₹ 1,576₹ 38,802₹ 1,18,750
9Jan-2025₹ 40,378₹ 1,188₹ 39,190₹ 79,560
10Feb-2025₹ 40,378₹ 796₹ 39,582₹ 39,978
11Mar-2025₹ 40,378₹ 400₹ 39,9780
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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