eblu Feo EMI Calculator
eblu Feo EMI starts at Rs 3,028 per month for a tenure of 36 months @9.7 for a loan amount of Rs 93,825. 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 Feo. (Calculated on On Road Price in Delhi)
eblu Feo Down Payment and EMI
| Feo Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 93,825 | Rs. 10,425 | Rs. 3,028 |
Calculate your Loan EMI for Feo
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Feo EMI FAQs
- FAQ
What will be the lowest down payment for eblu Feo?
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 eblu Feo includes the RTO and insurance charges.
What will be the monthly EMI for eblu Feo?
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 eblu Feo 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. ₹94,250/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 94250 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,028/-
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 eblu Feo?
The interest rate for eblu Feo 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 eblu Feo?
EMI for eblu Feo 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.
eblu Feo User Reviews
- All (2)
- Mileage (2)
- Performance (1)
- Seat (1)
- Comfort (1)
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Best Scooty
It's good to ride, with a comfortable seat, and it offers better mileage compared to other scooters. It's a wise choice.....Read More
- Like
- 0 Dislikes
Good Performance
The performance of this new Eblu Feo is just excellent, the mileage, battery life, and performance is excellent.
- 1 Like
- 0 Dislikes
- View All eblu Feo Reviews
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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.