Location Ad
Ad
Ad
Sonalika Mileage Master 45 DI South EMI Calculator
₹54,500
15%
60
EMI
per month
₹0
Calculated on Ex-showroom Price
*Ex-showroom Price
₹545000
Priciple amount
₹4,90,500
Total interest
₹0
Total Amount
₹0
Sonalika Mileage Master 45 DI South Loan EMI Calculator
Sonalika Mileage Master 45 DI South Loan EMI starts at ₹ 8809 per month with a down payment of ₹ 54,500 for 60 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 tractor finance options for your Mileage Master 45 DI South. That will give you a detail insights of your purchase.
Sonalika Mileage Master 45 DI South Down Payment and EMI
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(60 MONTHS) |
|---|---|---|---|
| Sonalika Mileage Master 45 DI South | 12.57% | ₹ 54500 | ₹ 8809 |
Frequently Asked Questions
Sonalika Mileage Master 45 DI South EMI depends upon various factors like tractor loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 8809 with the down payment of ₹ 54500 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.
Sonalika Mileage Master 45 DI South Minimum down payment starts from ₹ 54500. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.
You will have to pay ₹ 54500 as a down payment for the amount Rs.{10% of Ex-showroom Price} @15% for 60 months, the monthly EMI will be ₹ 8809.
Following documents are required for Sonalika Mileage Master 45 DI South loan :
- Identity Proof
- Address Proof
- Income Proof
- Bank Statements
- Vehicle Details
- Business Proof
- Photographs
The 2024 price for the Sonalika Mileage Master 45 DI South starts from ₹ 5.45 Lakh Onwards . Although it can vary slightly from state to state and city to city.
To calculate the Equated Monthly Installment (EMI) for a Sonalika Mileage Master 45 DI South, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Sonalika Mileage Master 45 DI South 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 Sonalika Mileage Master 45 DI South where you can avail of excellent deals and purchase the Sonalika Mileage Master 45 DI South with the most affordable monthly EMI.
Sonalika is here to redefine affordability with our exclusive EMI offer for the mighty Sonalika Mileage Master 45 DI South. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.
As featured on:
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002
Join CMV360
Receive pricing updates, buying tips & more!
Follow Us
COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360
We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.