Crayon Motors scooters Finance
Are you interested in buying a new Crayon Motors scooters and not able to find right deal? Not sure if you are being charged the right interest rate |||for your Crayon Motors two wheeler loan? Check out the BikeDekho EMI calculator to find the best Crayon 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.
Crayon Motors Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| Crayon Envy | Rs. 1,617 |
| Crayon Zeez | Rs. 1,486 |
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Crayon Motors scooters Finance Schemes
*Ex-showroom price Delhi
Crayon Motors Two Wheelers by Price
FAQs for Crayon Motors Finance
How is Crayon Motors scooter loan EMI calculated monthly?
Crayon 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 Crayon Motors two wheeler loan?
To get your Crayon 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 Crayon Motors Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Crayon 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 Crayon Motors scooter. Down payment is the difference between the on-road price of the Crayon Motors scooter and the amount funded by the lender.
What will be the rate of interest on a Crayon Motors scooter finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Crayon Motors two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Crayon Motors Scooter News & Reviews
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Crayon Motors Scooters Further Research
Popular Crayon Motors Two Wheelers
Crayon Envy
Rs.53,000 - 65,000*
Crayon Zeez
Rs.48,000 - 58,000*