What will be the EMI for 3 years tenure for Bajaj Discover 125 (2015-2020)?

EMI for Bajaj Discover 125 (2015-2020) 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.