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. 2,532
Hero HF DeluxeRs. 2,103
Hero Passion ProRs. 2,753
Hero GlamourRs. 2,912
Hero Super SplendorRs. 2,787

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Hero bikes Finance Schemes

  • Hero Splendor Plus

    Hero Splendor Plus

    Rs.65,610 - 69,790*
    EMI starts from Rs. 2,532
    97.2 cc8.02 PS8.05 Nm @ 6000 rpm
    View Finance Offers
  • Hero HF Deluxe

    Hero HF Deluxe

    Rs.54,480 - 63,770*
    EMI starts from Rs. 2,103
    97.2 cc8.02 PS8.05 Nm @ 6000 rpm
    View Finance Offers
  • Hero Passion Pro

    Hero Passion Pro

    Rs.70,820 - 75,620*
    EMI starts from Rs. 2,753
    68.21 kmpl113 cc9.15 PS
    View Finance Offers
  • Hero Glamour

    Hero Glamour

    Rs.75,900 - 85,920*
    EMI starts from Rs. 2,912
    64.10 kmpl124.7 cc10.84 PS
    View Finance Offers
  • Hero Super Splendor

    Hero Super Splendor

    Rs.74,200 - 78,600*
    EMI starts from Rs. 2,787
    124.7 cc10.8 PS10.6 Nm @ 6000 rpm
    View Finance Offers
  • Hero XPulse 200

    Hero XPulse 200

    Rs.1.23 - 1.30 Lakh*
    EMI starts from Rs. 4,666
    49.01 kmpl199.6 cc19.1 PS
    View Finance Offers
  • Hero Xtreme 160R

    Hero Xtreme 160R

    Rs.1.11 - 1.16 Lakh*
    EMI starts from Rs. 4,282
    55.47 kmpl163 cc15.2 PS
    View Finance Offers
  • Hero Pleasure Plus

    Hero Pleasure Plus

    Rs.62,220 - 71,420*
    EMI starts from Rs. 2,413
    110.9 cc8.1 PS8.7 Nm @ 5500 rpm
    View Finance Offers
  • Hero Maestro Edge 125

    Hero Maestro Edge 125

    Rs.73,450 - 88,920*
    EMI starts from Rs. 2,821
    65 kmpl124.6 cc9.1 PS
    View Finance Offers
  • Hero Splendor iSmart

    Hero Splendor iSmart

    Rs.70,390 - 73,090*
    EMI starts from Rs. 2,652
    113.2 cc9.15 PS9.89 Nm @ 5500 rpm
    View Finance Offers
  • Hero Destini 125

    Hero Destini 125

    Rs.70,400 - 75,900*
    EMI starts from Rs. 2,736
    124.6 cc9.1 PS10.4 Nm @ 5500 rpm
    View Finance Offers
  • Hero Xtreme 200S

    Hero Xtreme 200S

    Rs.1.28 Lakh*
    EMI starts from Rs. 4,883
    199.6 cc18.08 PS16.45 Nm @ 6500 rpm
    View Finance Offers
  • Hero HF 100

    Hero HF 100

    Rs.51,200*
    EMI starts from Rs. 2,012
    97.2 cc8.36 PS8.05 Nm @ 6000 rpm
    View Finance Offers
  • Hero Maestro Edge 110

    Hero Maestro Edge 110

    Rs.66,820 - 71,620*
    EMI starts from Rs. 2,511
    110.9 cc8.15 PS8.7 Nm @ 5750 rpm
    View Finance Offers
  • Hero XPulse 200T

    Hero XPulse 200T

    Rs.1.20 Lakh*
    EMI starts from Rs. 4,603
    199.6 cc18.1 PS16.15 Nm @ 6500 rpm
    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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