Okinawa bikes Finance

Q: 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.

Q: 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.

Q: 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.

Q: 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.

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

MODEL	EMI (36 MONTHS)
Okinawa PraisePro	Rs. 2,551
Okinawa Dual 100	Rs. 3,588
Okinawa Okhi90	Rs. 5,577
Okinawa iPraise+	Rs. 3,682
Okinawa Lite	Rs. 2,110

Okinawa PraisePro
Rs.84,443^*
EMI starts from Rs. 2,551
1 kW2-3 Hr
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Okinawa Dual 100
Rs.1.19 Lakh^*
EMI starts from Rs. 3,588
3 kW5-6 Hr
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Okinawa Okhi90
Rs.1.86 Lakh^*
EMI starts from Rs. 5,577
3.8 kW5-6 Hr
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Okinawa iPraise+
Rs.1.23 Lakh^*
EMI starts from Rs. 3,682
2.7 kW4-5 Hr
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Okinawa Lite
Rs.69,093^*
EMI starts from Rs. 2,110
250 W4-5 Hr
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Okinawa Ridge
Rs.84,606 - 1.15 Lakh^*
EMI starts from Rs. 2,557
800 W5-6 Hr
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Okinawa R30
Rs.61,998^*
EMI starts from Rs. 1,878
250 W4-5 Hr
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