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KTM bikes Finance
KTM Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| KTM 390 Duke | Rs. 9,341 |
| KTM 250 Duke | Rs. 7,499 |
| KTM 160 Duke | Rs. 6,110 |
| KTM 390 Duke R | Rs. 11,517 |
| KTM 1390 Super Duke R | Rs. 73,294 |
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FAQs for KTM Finance
Q) How is KTM bike loan EMI calculated monthly?
A) KTM 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 KTM two wheeler loan?
A) To get your KTM 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 KTM Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the KTM 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 KTM bike. Down payment is the difference between the on-road price of the KTM bike and the amount funded by the lender.
Q) What will be the rate of interest on a KTM bike finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the KTM two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
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Popular KTM Two Wheelers
- KTM 390 DukeRs 2,85,367* Onwards
- KTM 250 DukeRs 2,27,623* Onwards
- KTM 160 DukeRs 1,83,655* Onwards
- KTM 390 Duke RRs 3,46,778* Onwards
- KTM 1390 Super Duke RRs 22,95,800* Onwards