Avan Motors scooters Finance

Are you interested in buying a new Avan Motors scooters and not able to find right deal? Not sure if you are being charged the right interest rate for your Avan Motors two wheeler loan? Check out the BikeDekho EMI calculator to find the best Avan Motors finance scheme by choosing the model that you wish to buy or calculate loan interest rate and equated monthly instalments (EMI) by entering the amount of bike loan that you wish to take.

Avan Motors Two Wheeler Loan EMI

Avan Xero PlusRs. 1,714
Avan Trend ERs. 1,825

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Avan Motors scooters Finance Schemes

  • Avan Xero Plus

    Avan Xero Plus

    Rs.52,809 - 57,503*
    EMI starts from Rs. 1,714
    800 W4-5 Hrs
    View Finance Offers
  • Avan Trend E

    Avan Trend E

    Rs.56,900 - 81,269*
    EMI starts from Rs. 1,825
    800 W4 Hours
    View Finance Offers
*Ex-showroom price Delhi

FAQs for Avan Motors Finance

How is Avan Motors scooter loan EMI calculated monthly?

Avan Motors scooter loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI 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.

Which documents I need to have to apply for a Avan Motors two wheeler loan?

To get your Avan Motors scooter loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.

What will be the minimum down payment for a Avan Motors Bike/Scooter loan?

The lenders generally finance 90% of the ex-showroom price of the Avan Motors two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the Avan Motors scooter. Down payment is the difference between the on-road price of the Avan Motors scooter and the amount funded by the lender.

What will be the rate of interest on a Avan Motors scooter finance?

The interest rate primarily depends on the principal amount and tenure of the loan amount of the Avan Motors two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.

Avan Motors Scooters Further Research

Popular Avan Motors Two Wheelers

*Ex-showroom price in Delhi
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