# Okinawa bikes Finance

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

## Okinawa Two Wheeler Loan EMI

MODELEMI (36 MONTHS)
Okinawa iPraise+Rs. 3,406
Okinawa PraiseProRs. 2,576
Okinawa R30Rs. 2,008
Okinawa DualRs. 2,008
Okinawa RidgeRs. 2,109

## Okinawa bikes Finance Schemes

• ### Okinawa iPraise+

Rs.1.05 Lakh*
EMI starts from Rs. 3,406
2500 W4-5 Hours
• ### Okinawa PraisePro

Rs.79,845*
EMI starts from Rs. 2,576
2500 W2 - 3 Hours
• ### Okinawa R30

Rs.61,998*
EMI starts from Rs. 2,008
250 W4-5 hours
• ### Okinawa Dual

Rs.61,998 - 82,995*
EMI starts from Rs. 2,008
250 W4 - 5 Hours
• ### Okinawa Ridge

Rs.64,797 - 70,935*
EMI starts from Rs. 2,109
1700 W2-3 Hours
• ### Okinawa Lite

Rs.66,993*
EMI starts from Rs. 2,151
250 W4-5 Hours
*Ex-showroom price Delhi

## FAQs for Okinawa Finance

### How is Okinawa bike loan EMI calculated monthly?

Okinawa 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 Okinawa two wheeler loan?

To get your Okinawa 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 Okinawa Bike/Scooter loan?

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

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

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

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## Popular Okinawa Two Wheelers

*Ex-showroom price in Delhi
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