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CFMoto bikes Finance
CFMoto Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| CFMoto 300NK | Rs. 7,115 |
| CFMoto 650NK | Rs. 13,352 |
| CFMoto 650MT | Rs. 16,351 |
| CFMoto 650GT | Rs. 17,259 |
CFMoto bikes Finance Schemes
FAQs for CFMoto Finance
Q) How is CFMoto bike loan EMI calculated monthly?
A) CFMoto bike 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.
Q) Which documents I need to have to apply for a CFMoto two wheeler loan?
A) To get your CFMoto bike 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.
Q) What will be the minimum down payment for a CFMoto Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the CFMoto 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 CFMoto bike. Down payment is the difference between the on-road price of the CFMoto bike and the amount funded by the lender.
Q) What will be the rate of interest on a CFMoto bike finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the CFMoto two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
CFMoto Bike News & Reviews
CFMoto Bikes Further Research
Popular CFMoto Two Wheelers
CFMoto 300NKRs 2.29 Lakh*- CFMoto 650NKRs 4.29 Lakh*
- CFMoto 650MTRs 5.29 Lakh*
- CFMoto 650GTRs 5.59 Lakh*