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Deltic scooters Finance
Deltic Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| Deltic Drixx | Rs. 1,975 |
| Deltic Legion | Rs. 2,122 |
| Deltic Trento | Rs. 3,845 |
| Deltic ZGS | Rs. 3,071 |
Deltic scooters Finance Schemes
FAQs for Deltic Finance
Q) How is Deltic scooter loan EMI calculated monthly?
A) Deltic 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.
Q) Which documents I need to have to apply for a Deltic two wheeler loan?
A) To get your Deltic 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.
Q) What will be the minimum down payment for a Deltic Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the Deltic 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 Deltic scooter. Down payment is the difference between the on-road price of the Deltic scooter and the amount funded by the lender.
Q) What will be the rate of interest on a Deltic scooter finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the Deltic two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Deltic Scooters Further Research
Popular Deltic Two Wheelers
Deltic DrixxRs 64,990 - 91,990*- Deltic LegionRs 69,490 - 95,990*
- Deltic TrentoRs 1.28 Lakh*
- Deltic ZGSRs 1.02 Lakh*