TVS bikes Finance
Are you interested in buying a new TVS bikes and not able to find right deal? Not sure if you are being charged the right interest rate for your TVS two wheeler loan? Check out the BikeDekho EMI calculator to find the best TVS finance scheme by choosing the model that you wish to buy or calculate loan interest rate and equated monthly instalments (EMI) by entering the amount of bike loan that you wish to take.
TVS Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
TVS Apache RTR 160 | Rs. 4,037 |
TVS Raider | Rs. 3,162 |
TVS NTORQ 125 | Rs. 2,819 |
TVS Apache RTR 160 4V | Rs. 4,194 |
TVS Jupiter | Rs. 2,452 |
TVS bikes Finance Schemes
FAQs for TVS Finance
How is TVS bike loan EMI calculated monthly?
TVS bike loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI can be calculated using the following formula: {P x R x (1+R)^N / [(1+R)^N-1]} where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
Which documents I need to have to apply for a TVS two wheeler loan?
To get your TVS bike loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
What will be the minimum down payment for a TVS Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the TVS two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the TVS bike. Down payment is the difference between the on-road price of the TVS bike and the amount funded by the lender.
What will be the rate of interest on a TVS bike finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the TVS two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
TVS Bike News & Reviews
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Popular TVS Two Wheelers
- Bikes
- Scooters
- TVS Apache RTR 160Rs 1.19 - 1.26 Lakh*
- TVS RaiderRs 95,219 - 1.03 Lakh*
- TVS Apache RTR 160 4VRs 1.24 - 1.45 Lakh*
- TVS Apache RTR 310Rs 2.43 - 2.64 Lakh*
- TVS RoninRs 1.49 - 1.73 Lakh*
- TVS NTORQ 125Rs 84,636 - 1.05 Lakh*
- TVS JupiterRs 73,340 - 89,748*
- TVS iQubeRs 1.20 - 1.29 Lakh*
- TVS Jupiter 125Rs 86,405 - 96,855*
- TVS XL100Rs 44,999 - 59,695*