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Avon E Star EMI Calculator

Avon E Star
10 reviews
Rs.60,000*
*Ex-showroom Price in delhi
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Avon E Star EMI starts at Rs 1,845 per month for a tenure of 36 months @9.7 for a loan amount of Rs 57,095. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your E Star. (Calculated on On Road Price in Delhi)

 

Avon E Star Down Payment and EMI

E Star VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD57,095Rs. 6,344Rs. 1,845
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Calculate your Loan EMI for E Star

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
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E Star EMI FAQs

  • FAQ

What will be the lowest down payment for Avon E Star ?

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Avon E Star includes the RTO and insurance charges.

What will be the monthly EMI for Avon E Star ?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Avon E Star 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.

For Example:- If the principal amount for a bike loan is Rs. ₹57,439/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 57439 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,845/-

The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

What will be the interest rate for Avon E Star ?

The interest rate for Avon E Star primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 3 years tenure for Avon E Star ?

EMI for Avon E Star for 3 years tenure can be calculated as per 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, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Avon E Star User Reviews

4.6/5
Based on10 User Reviews
  • All (10)
  • Looks (5)
  • Mileage (3)
  • Performance (2)
  • Speed (2)
  • Maintenance (2)
  • Price (2)
  • Seat (1)
  • More ...
  • LATEST
  • MOST HELPFUL
  • Good price

    Good looking Good Battery Best speed Avon E Star Best company I hope to purchase this In insorenc

    By vipin jain
    On: Jun 12, 2019 | 1225 Views
    • 1 Like
    • 0 Dislikes
  • for Alloy

    Quality of product

    I want to buy this electric bike because of the easy and very simple look and very good quality.

    By ram das ben
    On: Jun 03, 2019 | 988 Views
    • Like
    • 0 Dislikes
  • for Alloy

    Right Option Avon

    Nice and good scooter in this price I think this is the right option for dailyy commuting.

    By akask singh
    On: May 30, 2019 | 1012 Views
    • Like
    • 1 Dislikes
  • for Alloy

    My Favorite Bike

    Very nice Bike, good for city rides and for daily commuting gives you good mileage and performance.

    By chintan joshi
    On: May 29, 2019 | 993 Views
    • 1 Like
    • 0 Dislikes
  • for Alloy

    Nice Bike

    Very nice bike and very economical quite good and good value for money overall it is the best bike.

    By anonymous
    On: May 16, 2019 | 953 Views
    • 1 Like
    • 0 Dislikes
  • View All Avon E Star Reviews

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Disclaimer :

Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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