GT Vegas EMI Calculator
GT Vegas EMI starts at Rs 1,780 per month for a tenure of 36 months @9.7 for a loan amount of Rs 55,265. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your Vegas. (Calculated on On Road Price in Delhi)
GT Vegas Down Payment and EMI
Vegas Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
STD | 55,265 | Rs. 6,141 | Rs. 1,780 |
Calculate your Loan EMI for Vegas
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Beyond the Mainstream: Explore Uncharted Electric Vehicles
- ElectricKinetic Green E LunaRs77,583 - 88,668*
- ElectricAmpere Magnus EXRs83,792*
- ElectricBGauss C12iRs1.17 - 1.44 Lakh*
- ElectricBounce Infinity E.1Rs64,221 - 1.30 Lakh*
- ElectricLectrix EV LXS G 2.0Rs1.04 Lakh*
- Okaya FaastRs1.13 - 1.24 Lakh*
- ElectricBattRE Electric StorieRs99,160 - 1.20 Lakh*
- ElectricFujiyama SpectraRs54,830 - 80,836*
- ElectricJoy e-bike WolfRs78,682 - 87,828*
Find EMI of Vegas Alternatives
- TEST RIDE AVAILABLE
Vegas EMI FAQs
The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for GT Vegas includes the RTO and insurance charges.
EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for GT Vegas 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.
For Example:- If the principal amount for a bike loan is Rs. ₹55,406/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 55406 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,780/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.
The interest rate for GT Vegas primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.
EMI for GT Vegas for 3 years tenure can be calculated as per 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, N = Number of monthly installments which will be 36 in case of 3 years tenure.
Best Electric Bikes
- TEST RIDE AVAILABLE
- TEST RIDE AVAILABLE
- TEST RIDE AVAILABLE
Top 10 Scooters in India
- Honda Activa 6GRs76,684 onwards*
- TVS JupiterRs73,700 onwards*
- Suzuki Access 125Rs79,900 onwards*
- TVS NTORQ 125Rs86,841 onwards*
- Honda Activa 125Rs80,256 onwards*
- TEST RIDE AVAILABLEElectricOla S1 ProRs1.15 Lakh onwards*
- ElectricBajaj ChetakRs99,998 onwards*
- ElectricTVS iQubeRs1.07 Lakh onwards*
- Yamaha RayZR 125 Fi HybridRs85,030 onwards*
- TVS Jupiter 125Rs79,299 onwards*
Users Also Viewed
More Scooter Options to Consider
Trending GT Force Scooters
- One Plus ProRs 76,999*
- RYD PlusRs 68,999*
- Drive ProRs 85,999*
Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.