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# Lohia scooters Finance

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

## Lohia Two Wheeler Loan EMI

MODELEMI (36 MONTHS)
Lohia Oma StarRs. 1,576

## Lohia scooters Finance Schemes

• ### Lohia Oma Star

Rs.51,750*
EMI starts from Rs. 1,576
250 W4.5-5 Hr

## Similar Brands Finance Options

Lohia Two Wheelers by Price

## FAQs for Lohia Finance

### How is Lohia scooter loan EMI calculated monthly?

Lohia 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.

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

To get your Lohia 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.

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

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

### What will be the rate of interest on a Lohia scooter finance?

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

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## Popular Lohia Two Wheelers

*Ex-showroom price in Delhi
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