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Benelli Leoncino 500 EMI Calculator
Benelli Leoncino 500 EMI starts at Rs 16,123 per month for a tenure of 36 months @6 for a loan amount of Rs 5,30,088. 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 Variants | Loan @ 6%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Red | 5,30,088 | Rs. 58,899 | Rs. 16,123 |
| Silver | 5,30,088 | Rs. 58,899 | Rs. 16,123 |
Shortlist
Rs.4.99 Lakh*
EMI starts from ₹16,123
Calculate your Loan EMI for Leoncino 500
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
- On-Road PriceRs.5,88,987
- Total Loan AmountRs.529987
- Payable AmountRs.580428
- You’ll pay extraRs.50441
EMIper month
Rs16,123
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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Leoncino 500 EMI FAQs
Q) What will be the lowest down payment for Benelli Leoncino 500?
A) 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.
Q) What will be the monthly EMI for Benelli Leoncino 500?
A) 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. ₹5,29,987/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 529987 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 16,123/-
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.
Q) What will be the interest rate for Benelli Leoncino 500?
A) 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.
Q) What will be the EMI for 3 years tenure for Benelli Leoncino 500?
A) 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
Based on10 User Reviews
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Popular Mentions
- All (10)
- Comfort (5)
- Looks (4)
- Style (4)
- Experience (4)
- Engine (2)
- Power (2)
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- Latest
- really a lion cubBest handler, amazing braking and performance fuel tank is small atleats a 15ltr tank would have great. comfort is also good. over all good middle weight entry level superbike
- Good DesignThe best bike with a scrambler structure. It provides an awesome experience, and we feel thrilled when we rev the bike.
- A Worth Look.The Leoncino 500 is a bike I recently purchased and have been enjoying. After riding it for a while I can say the Leoncino 500 delivers on its promises. The 500cc parallel twin engine provides plenty of low and midrange torque for zipping through traffic and cruising the highway. The classic scrambler styling looks great and the comfortable seat and upright ergonomics make it easy to ride for long periods. If you want a stylish, easy-to-handle middleweight naked bike with decent power The Benelli Leoncino 500 is worth a look.Read More
- Fantastic ExperienceThe Benelli Leoncino 500 has converted the standard delicacy and vitality of the highway that I'm familiar with. Because of its iconic 2-wheeler and robust ministry, every elevator offers a novelettish and significant experience. Its ultramodern features and slice and bone functionality give a flawless and active interpretation on all fronts. monumental commands and first-rate inductions give a gratuitous caste of luxury, making every ride affable and stirring, whether it's a whirlwind assist or a belated ride. The Benelli Leoncino 500 has surfaced as the classic of archetypal fineness and I like it more, setting new norms for what a true archetypal sedan can achieve in tenures of honey and interpretation.Read More
- The Stylish BikeThe Benelli Leoncino 500 is a stylish and versatile bike designed to provide a great riding experience. With its 500cc engine, it offers a balanced combination of power and agility for various riding situations. The thing that sets the Leoncino 500 apart is its modern and classic design, making it suitable for both city rides and longer trips. However, it may not have the high-end power and features of more expensive bikes, but it offers a good and stylish ride for those searching for a balance between style and performance.Read More
- View All Benelli Leoncino 500 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.
*Ex-showroom price in Delhi
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