Suzuki bikes Finance
Are you interested in buying a new Suzuki bikes and not able to find right deal? Not sure if you are being charged the right interest rate for your Suzuki two wheeler loan? Check out the BikeDekho EMI calculator to find the best Suzuki 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.
Suzuki Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Suzuki Access 125 | Rs. 2,711 |
Suzuki Hayabusa | Rs. 51,640 |
Suzuki Burgman Street | Rs. 3,145 |
Suzuki Gixxer 150 | Rs. 4,674 |
Suzuki Gixxer SF 150 | Rs. 4,596 |
Suzuki bikes Finance Schemes
FAQs for Suzuki Finance
How is Suzuki bike loan EMI calculated monthly?
Suzuki 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 Suzuki two wheeler loan?
To get your Suzuki 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 Suzuki Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Suzuki 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 Suzuki bike. Down payment is the difference between the on-road price of the Suzuki bike and the amount funded by the lender.
What will be the rate of interest on a Suzuki bike finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Suzuki two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
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Popular Suzuki Two Wheelers
- Bikes
- Scooters
- Suzuki HayabusaRs 16.90 - 17.70 Lakh*
- Suzuki Gixxer 150Rs 1.35 - 1.41 Lakh*
- Suzuki Gixxer SF 150Rs 1.37 - 1.46 Lakh*
- Suzuki Gixxer SF 250Rs 1.92 - 2.06 Lakh*
- Suzuki V-Strom SXRs 2.12 Lakh*
- Suzuki Access 125Rs 79,900 - 90,500*
- Suzuki Burgman StreetRs 94,000 - 1.14 Lakh*
- Suzuki AvenisRs 92,000 - 92,800*