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Massey Ferguson 6028 EMI Calculator

Massey Ferguson 6028 Tractor

5.88 Lakh*

EMI Starts @ ₹12,600/month

Calculate your Loan EMI for Massey Ferguson 6028

Massey Ferguson
6028

Ex-Showroom Price ₹5,88,500*

Calculate your Loan EMI for Massey Ferguson 6028 Change Model

Massey Ferguson 6028 EMI

EMI starting from

₹ 0 per month

₹ 0₹ 5,88,500

Principal Amount

₹ 5,29,650

Interest Amount

₹ 0

Total amount to pay

₹ 0

EMI starting from

₹ 0 per month

Down Payment

₹58,850

Bank Interest Rate

15%

Loan Period (Months)

60

12243648607284

*Processing fee and other loan charges are not included.

Disclaimer:- Applicable rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.

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Massey Ferguson 6028 Loan EMI Calculator

Massey Ferguson 6028 Loan EMI starts at ₹ 12600 per month with a down payment of ₹ 58,850 for 84 months tenure at the interest rate of 12.57% (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 three wheeler finance options for your 6028. That will give you a detail insights of your purchase.

Massey Ferguson 6028 Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
Massey Ferguson 6028 12.57% ₹ 58,850 ₹ 12,600

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        FAQs about 6028 EMI

        Massey Ferguson 6028 EMI depends upon various factors like tractor loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 11.94 Thousand with the down payment of ₹ 58.85 Thousand at the interest rate of 12.57% for 5 year (varies from bank to bank).

        It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 12.57% and goes up to 25% per annum.

        Massey Ferguson 6028 Minimum down payment starts from ₹ 58.85 Thousand. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

        You will have to pay ₹ 58.85 Thousand as a down payment for the amount Rs.58.85 Thousand @15% for 60 months, the monthly EMI will be ₹ 11.94 Thousand.

        Following documents are required for Massey Ferguson 6028 loan :

        • Identity Proof
        • Address Proof
        • Income Proof
        • Bank Statements
        • Vehicle Details
        • Business Proof
        • Photographs

        The 2025 price for the Massey Ferguson 6028 starts from ₹ 5.88 Lakhs Onwards . Although it can vary slightly from state to state and city to city.

        To calculate the Equated Monthly Installment (EMI) for a Massey Ferguson 6028, you'll need to consider the loan amount, interest rate, and loan tenure.

        Formula for Massey Ferguson 6028 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

        CMV360 assists you in locating the closest dealerships on Massey Ferguson 6028 where you can avail of excellent deals and purchase the Massey Ferguson 6028 with the most affordable monthly EMI.

        Massey Ferguson is here to redefine affordability with our exclusive EMI offer for the mighty Massey Ferguson 6028. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.

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