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Indian bikes Finance
Indian Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| Indian Scout Bobber | Rs. 42,493 |
| Indian Chieftain Dark Horse | Rs. 96,502 |
| Indian Pursuit Dark Horse | Rs. 1,30,091 |
| Indian Super Chief Limited | Rs. 73,500 |
| Indian Chief Dark Horse | Rs. 71,065 |
Indian bikes Finance Schemes
Indian Chieftain Dark Horse
Rs.31,99,999* OnwardsEMI starts from Rs. 96,50213.54 kmpl1834 cc127.74 PSIndian Pursuit Limited
Rs.42,03,207* OnwardsEMI starts from Rs. 1,26,62614 kmpl1768 cc178 Nm @ 3800 rpmIndian Roadmaster Elite
Rs.71,82,000* OnwardsEMI starts from Rs. 2,15,97115 kmpl1811 cc151 Nm @ 3000 rpmIndian Challenger Dark Horse
Rs.37,97,000* OnwardsEMI starts from Rs. 1,14,4251834 cc181.4 Nm @ 3800 rpmIndian Roadmaster Limited
Rs.48,73,000* OnwardsEMI starts from Rs. 1,46,70114 kmpl1834 cc181.4 Nm @ 3800 rpmIndian Challenger Limited
Rs.42,05,000* OnwardsEMI starts from Rs. 1,26,6561834 cc127.7 PS180.3 Nm @ 3600 rpmIndian Roadmaster Dark Horse
Rs.48,49,000* OnwardsEMI starts from Rs. 1,45,99314 kmpl1834 cc181.4 Nm @ 3800 rpmIndian Springfield
Rs.41,96,000* OnwardsEMI starts from Rs. 1,26,38620.8 kmpl1890 cc171 Nm @ 3000 rpmIndian Springfield Dark Horse
Rs.29,56,494* OnwardsEMI starts from Rs. 89,20720 kmpl1890 cc171 Nm @ 3000 rpmIndian Super Chief Dark Horse
Rs.24,54,000* OnwardsEMI starts from Rs. 74,1441890 cc156 Nm @ 3300 rpmIndian Scout Sixty Limited
Rs.13,42,000* OnwardsEMI starts from Rs. 40,775999 cc86.17 PS87 Nm @ 6200 rpm
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FAQs for Indian Finance
Q) How is Indian bike loan EMI calculated monthly?
A) Indian 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 Indian two wheeler loan?
A) To get your Indian 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 Indian Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the Indian 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 Indian bike. Down payment is the difference between the on-road price of the Indian bike and the amount funded by the lender.
Q) What will be the rate of interest on a Indian bike finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the Indian two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
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Indian Bikes Further Research
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- EMI Calculator
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Popular Indian Two Wheelers
- Indian Scout BobberRs 13,99,000* Onwards
- Indian Scout Sixty LimitedRs 13,42,000* Onwards
- Indian Super ScoutRs 16,15,000* Onwards
- Indian 101 ScoutRs 15,99,000* Onwards
- Indian Sport ScoutRs 14,09,000* Onwards