Benelli Leoncino 500 EMI Calculator

Benelli Leoncino 500
2 reviews
Rs. 4.69 - 4.79 Lakh*
*Ex-showroom Price in delhi
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Benelli Leoncino 500 EMI starts at Rs 15,915 per month for a tenure of 36 months @6 for a loan amount of Rs 4,85,576. 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 Leoncino 500. (Calculated on On Road Price in Delhi)

 

Benelli Leoncino 500 Down Payment and EMI

Leoncino 500 VariantsLoan @ 6%. Down paymentEMI (36 months)
Red4,95,437Rs. 55,049Rs. 16,241
Silver4,85,576Rs. 53,953Rs. 15,915
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Calculate your Loan EMI for Leoncino 500

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%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
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Leoncino 500 EMI FAQs

  • FAQ

What will be the lowest down payment for Benelli Leoncino 500?

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 Benelli Leoncino 500 includes the RTO and insurance charges.

What will be the monthly EMI for Benelli Leoncino 500?

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 Benelli Leoncino 500 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. ₹4,85,529/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 485529 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 15,588/-

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 Benelli Leoncino 500?

The interest rate for Benelli Leoncino 500 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 Benelli Leoncino 500?

EMI for Benelli Leoncino 500 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.

Benelli Leoncino 500 User Reviews

5.0/5
Based on2 User Reviews
  • All (2)
  • Style (1)
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  • Experience (1)
  • Comfort (1)
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  • for Alloy

    Super Benelli Leoncino

    It's an awesome experience. No words to express about comfort, looks, style and sound. Totally it's an ultra superBike......Read More

    By nataraj v
    On: Aug 06, 2019 | 2409 Views
  • for Alloy

    Good one form Benelli Leoncino

    Superbike form Benelli it is the mid variant with good reason and quality made by the company the cafe one is superb.

    By viswesh
    On: Aug 04, 2019 | 571 Views
  • View All Benelli Leoncino 500 Reviews

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Leoncino 500 Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month
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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