QJ Motor bikes Finance

Q: How is QJ Motor bike loan EMI calculated monthly?

QJ Motor 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 QJ Motor two wheeler loan?

To get your QJ Motor 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 QJ Motor Bike/Scooter loan?

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

Q: What will be the rate of interest on a QJ Motor bike finance?

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

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

QJ Motor Two Wheeler Loan EMI

MODEL	EMI (36 MONTHS)
QJ Motor SRK 400	Rs. 11,262
QJ Motor SRC 250	Rs. 5,598
QJ Motor SRC 500	Rs. 7,657
QJ Motor SRV 300	Rs. 9,813

QJ Motor SRK 400
Rs.3.59 - 3.69 Lakh^*
EMI starts from Rs. 11,262
20.6 kmpl400 cc41.46 PS
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QJ Motor SRC 250
Rs.1.79 Lakh^*
EMI starts from Rs. 5,598
50 kmpl249 cc17.64 PS
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QJ Motor SRC 500
Rs.2.39 Lakh^*
EMI starts from Rs. 7,657
30 kmpl480 cc25.85 PS
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QJ Motor SRV 300
Rs.3.19 Lakh^*
EMI starts from Rs. 9,813
35 kmpl296 cc30.72 PS
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