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Hero Electric Flash EMI Calculator

Hero Electric Flash
26 reviews
Rs.59,640*
*Ex-showroom Price in delhi
View Finance Offers

Hero Electric Flash EMI starts at Rs 1,834 per month for a tenure of 36 months @9.7 for a loan amount of Rs 56,766. 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 Flash. (Calculated on On Road Price in Delhi)

 

Hero Electric Flash Down Payment and EMI

Flash VariantsLoan @ 9.7%. Down paymentEMI (36 months)
LX56,766Rs. 6,307Rs. 1,834
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Calculate your Loan EMI for Flash

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
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At BikeDekho, We can help you get the best deal on your loans.

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Flash EMI FAQs

  • FAQ

What will be the lowest down payment for Hero Electric Flash?

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 Hero Electric Flash includes the RTO and insurance charges.

What will be the monthly EMI for Hero Electric Flash?

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 Hero Electric Flash 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. ₹57,073/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 57073 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,834/-

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.

What will be the interest rate for Hero Electric Flash?

The interest rate for Hero Electric Flash 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.

What will be the EMI for 3 years tenure for Hero Electric Flash?

EMI for Hero Electric Flash 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.

Hero Electric Flash User Reviews

3.8/5
Based on26 User Reviews
  • All (26)
  • Speed (8)
  • Comfort (5)
  • Lights (4)
  • Service (4)
  • Mileage (4)
  • Power (3)
  • Looks (3)
  • More ...
  • LATEST
  • MOST HELPFUL
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    On: Mar 05, 2024 | 301 Views
    • Like
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    On: Dec 01, 2023 | 856 Views
    • 1 Like
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  • For Urban Commuting.

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    On: Nov 29, 2023 | 390 Views
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  • The Hero Electric Flash

    The Hero Electric Flash is an accessible and environmentally responsible mode of transportation for megacity residers,.....Read More

    By tanya khandelwal
    On: Nov 21, 2023 | 384 Views
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  • Remarkable Vehicle

    The Hero electric motor Flash combines effectiveness and quickness. This electric motor scooter provides a quick and.....Read More

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  • View All Hero Electric Flash Reviews

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Disclaimer :

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.

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