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BMW K 1600 GTL EMI Calculator

BMW K 1600 GTL EMI Calculator

BMW K 1600 GTL EMI starts at Rs 1,00,381 per month for a tenure of 36 months @6 for a loan amount of Rs 32,99,965. 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 K 1600 GTL. (Calculated on On Road Price in Delhi)

 

BMW K 1600 GTL Down Payment and EMI

K 1600 GTL VariantsLoan @ 6%. Down paymentEMI (36 months)
STD32,99,965Rs. 3,66,663Rs. 1,00,381
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Rs. 33 Lakh*
EMI starts from ₹ 1,00,381
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for K 1600 GTL

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
  • On-Road PriceRs.36,66,628
  • Total Loan AmountRs.3299628
  • Payable AmountRs.3613716
  • You’ll pay extraRs.314088
EMIper month
Rs1,00,381
Calculated on On Road Price in Delhi
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K 1600 GTL EMI FAQs

Q) What will be the lowest down payment for BMW K 1600 GTL?
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 BMW K 1600 GTL includes the RTO and insurance charges.
Q) What will be the monthly EMI for BMW K 1600 GTL?
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 BMW K 1600 GTL 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. ₹32,99,628/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 3299628 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,00,381/- 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 BMW K 1600 GTL?
A) The interest rate for BMW K 1600 GTL 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 BMW K 1600 GTL?
A) EMI for BMW K 1600 GTL 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.

BMW K 1600 GTL User Reviews

4.2/5
Based on2 User Reviews
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  • G
    gnana on Dec 04, 2024
    4.3
    Bmw k1600 is the best comfort bike to travel long
    The best comfort i found in this bike. It worth the price. It has 1649cc engine and seating heated features. It has luggage space. The mileage of bmw k1600 is 16kmpl. 26.5litters fuel tank. And has electric Suspension adjustment And has ABS Pro This is one of the best Bike. I have seen in my life.
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  • R
    rahul on Mar 04, 2020
    4.0
    The best bike
    The best bike I have ever ridden. I like its power and its comfort and features. I also like its comfortable seats.
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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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*Ex-showroom Price in Delhi
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