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Hero bikes Finance

Are you interested in buying a new Hero bikes and not able to find right deal? Not sure if you are being charged the right interest rate for your Hero two wheeler loan? Check out the BikeDekho EMI calculator to find the best Hero 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.

Hero Two Wheeler Loan EMI

MODELEMI (36 MONTHS)
Hero Splendor PlusRs. 2,515
Hero Xtreme 125RRs. 3,030
Hero HF DeluxeRs. 2,005
Hero Splendor Plus XTECRs. 2,684
Hero Mavrick 440Rs. 6,446

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Hero bikes Finance Schemes

  • Hero Splendor Plus

    Hero Splendor Plus

    Rs.75,141 - 77,986*
    EMI starts from Rs. 2,515
    80.6 kmpl97.2 cc8.02 PS
    View Finance Offers
  • Hero Xtreme 125R

    Hero Xtreme 125R

    Rs.95,000 - 99,500*
    EMI starts from Rs. 3,030
    66 kmpl124.7 cc11.55 PS
    View Finance Offers
  • Hero HF Deluxe

    Hero HF Deluxe

    Rs.59,998 - 68,768*
    EMI starts from Rs. 2,005
    70 kmpl97.2 cc8.02 PS
    View Finance Offers
  • Hero Splendor Plus XTEC

    Hero Splendor Plus XTEC

    Rs.79,911*
    EMI starts from Rs. 2,684
    83.2 kmpl97.2 cc8.02 PS
    View Finance Offers
  • Hero Mavrick 440

    Hero Mavrick 440

    Rs.1.99 - 2.24 Lakh*
    EMI starts from Rs. 6,446
    440 cc27.36 PS36 Nm @ 4000 rpm
    View Finance Offers
  • Hero Super Splendor

    Hero Super Splendor

    Rs.80,848 - 88,328*
    EMI starts from Rs. 2,717
    55 kmpl124.7 cc10.8 PS
    View Finance Offers
  • Hero XPulse 200 4V

    Hero XPulse 200 4V

    Rs.1.46 - 1.53 Lakh*
    EMI starts from Rs. 4,870
    51.59 kmpl199.6 cc19.17 PS at 8500 rpm
    View Finance Offers
  • Hero Glamour

    Hero Glamour

    Rs.82,348 - 86,348*
    EMI starts from Rs. 2,738
    55 kmpl125 cc10.53 PS
    View Finance Offers
  • Hero Passion XTEC

    Hero Passion XTEC

    Rs.81,038 - 85,438*
    EMI starts from Rs. 2,724
    56 kmpl113.2 cc9.15 PS
    View Finance Offers
  • Hero Xtreme 160R

    Hero Xtreme 160R

    Rs.1.22 - 1.33 Lakh*
    EMI starts from Rs. 4,115
    55.47 kmpl163 cc15.2 PS
    View Finance Offers
  • Hero Karizma XMR

    Hero Karizma XMR

    Rs.1.80 Lakh*
    EMI starts from Rs. 5,628
    41.55 kmpl210 cc25.5 PS
    View Finance Offers
  • Hero Pleasure Plus

    Hero Pleasure Plus

    Rs.70,838 - 82,738*
    EMI starts from Rs. 2,395
    50 kmpl
    View Finance Offers
  • Hero Super Splendor XTEC

    Hero Super Splendor XTEC

    Rs.85,178 - 89,078*
    EMI starts from Rs. 2,838
    68 kmpl124.7 cc10.84 PS
    View Finance Offers
  • Hero Passion Plus

    Hero Passion Plus

    Rs.77,951*
    EMI starts from Rs. 2,615
    70 kmpl97.2 cc8.02 PS
    View Finance Offers
  • Hero Glamour XTEC

    Hero Glamour XTEC

    Rs.87,748 - 92,348*
    EMI starts from Rs. 2,929
    60 kmpl124.7 cc10.84 PS
    View Finance Offers
  • Hero Xtreme 160R 4V

    Hero Xtreme 160R 4V

    Rs.1.27 - 1.37 Lakh*
    EMI starts from Rs. 4,283
    48.28 kmpl163.2 cc16.9 PS
    View Finance Offers
  • Hero Destini 125

    Hero Destini 125

    Rs.80,048 - 86,538*
    EMI starts from Rs. 2,689
    50 kmpl124.6 cc9.10 PS
    View Finance Offers
  • Hero Xoom 110

    Hero Xoom 110

    Rs.71,484 - 79,967*
    EMI starts from Rs. 2,418
    45 kmpl110.9 cc8.15 PS
    View Finance Offers
  • Hero HF 100

    Hero HF 100

    Rs.59,018*
    EMI starts from Rs. 1,971
    70 kmpl97.2 cc8.02 PS
    View Finance Offers
  • Hero Xtreme 200S 4V

    Hero Xtreme 200S 4V

    Rs.1.41 Lakh*
    EMI starts from Rs. 4,742
    40 kmpl199.6 cc19.1 PS
    View Finance Offers
  • Hero XPulse 200T 4V

    Hero XPulse 200T 4V

    Rs.1.40 Lakh*
    EMI starts from Rs. 4,707
    40 kmpl199.6 cc19.1 PS
    View Finance Offers
  • Hero Destini Prime

    Hero Destini Prime

    Rs.71,499*
    EMI starts from Rs. 2,419
    56 kmpl124.6 cc9.09 PS
    View Finance Offers
*Ex-showroom price Delhi

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FAQs for Hero Finance

How is Hero bike loan EMI calculated monthly?

Hero 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.

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

To get your Hero 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.

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

The lenders generally finance 90% of the ex-showroom price of the Hero 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 Hero bike. Down payment is the difference between the on-road price of the Hero bike and the amount funded by the lender.

What will be the rate of interest on a Hero bike finance?

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

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*Ex-showroom price in Delhi
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