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Massey Ferguson 245 SMART Tractor loan EMI Calculator

Massey Ferguson 245 SMART EMI starts at Rs. 16,559 per month for a time period of 60 months at a 15 % interest rate for a loan amount of Rs. 6,96,05,6.4.If you are looking for a Massey Ferguson 245 SMART EMI calculator, try the Tractorjunction EMI calculator.

Our Tractor EMI calculator provides detailed EMI payable for Massey Ferguson 245 SMART. You just have to enter the down payment, interest rate and loan tenure for Massey Ferguson 245 SMART. With our EMI calculator for tractors, you can easily calculate the monthly instalments, total interest payable, and the total amount payable for Massey Ferguson 245 SMART after reducing the down payment amount.

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Massey Ferguson 245 SMART Tractor

Down Payment

77,33,9.6

Bank Interest Rate

%

Loan Period (Months)
12
18
24
30
36
42
48
54
60
66
72
78
84

Repayment Interval

EMI

₹ 0

Per Month

*Ex-showroom Price

₹ 0

Total Loan Amount

₹ 0

Payable Amount

₹ 0

You’ll pay extra

₹ 0

₹ 0

EMI Per Month

*Ex-showroom Price

₹ 0

Total Loan Amount

₹ 0

Payable Amount

₹ 0

You’ll pay extra

₹ 0

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FAQ on Massey Ferguson 245 SMART Tractor Loan EMI

Ans. The EMI for Massey Ferguson 245 SMART depends on the tractor loan amount, loan tenure and the interest rate charged by various lenders.

Ans. The interest rate for Massey Ferguson 245 SMART depends on the bank and lending institution. Banks’ interest rates start from 13% and go up to 22% per annum.

Ans. The ex-showroom price of Massey Ferguson 245 SMART is ₹ 7.73-8.21 Lakh* in India.

Ans. For the down payment of Rs. 77,33,9.6 @15 % for 60 months, the monthly EMI of Massey Ferguson 245 SMART is Rs. 16,559.

Ans. The monthly EMI for Massey Ferguson 245 SMART is calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. In this, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for Massey Ferguson 245 SMART.

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