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# Sokudo scooters Finance

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

## Sokudo Two Wheeler Loan EMI

MODELEMI (36 MONTHS)
Sokudo AcuteRs. 2,755
Sokudo PlusRs. 1,842
Sokudo RapidRs. 2,501
Sokudo SelectRs. 2,599
Sokudo DhansuRs. 1,842

## Sokudo scooters Finance Schemes

• ### Sokudo Acute

Rs.89,889 - 1.05 Lakh*
EMI starts from Rs. 2,755
3 kW4 Hr
• ### Sokudo Plus

Rs.59,889*
EMI starts from Rs. 1,842
5-6 Hr
• ### Sokudo Rapid

Rs.82,889*
EMI starts from Rs. 2,501
2.3 kW4-5 Hr
• ### Sokudo Select

Rs.85,889*
EMI starts from Rs. 2,599
2.3 kW4-5 Hr
• ### Sokudo Dhansu

Rs.59,889*
EMI starts from Rs. 1,842
5-6 Hr

## FAQs for Sokudo Finance

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

Sokudo 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 Sokudo two wheeler loan?

To get your Sokudo 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 Sokudo Bike/Scooter loan?

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

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

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

## Popular Sokudo Two Wheelers

*Ex-showroom price in Delhi
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