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Hero Electric NYX EMI Calculator

Hero Electric NYX
35 reviews
Rs.73,590 - 86,540*
*Ex-showroom Price in delhi
View Finance Offers

Hero Electric NYX EMI starts at Rs 2,255 per month for a tenure of 36 months @9.7 for a loan amount of Rs 70,358. 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 NYX. (Calculated on On Road Price in Delhi)

 

Hero Electric NYX Down Payment and EMI

NYX VariantsLoan @ 9.7%. Down paymentEMI (36 months)
E570,358Rs. 7,818Rs. 2,255
HS500 ER81,369Rs. 9,041Rs. 2,615
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Calculate your Loan EMI for NYX

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.

Beyond the Mainstream: Explore Uncharted Electric Vehicles

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NYX EMI FAQs

  • FAQ

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

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 NYX includes the RTO and insurance charges.

What will be the monthly EMI for Hero Electric NYX?

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 NYX 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. ₹70,176/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 70176 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,255/-

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 NYX?

The interest rate for Hero Electric NYX 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 NYX?

EMI for Hero Electric NYX 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 NYX User Reviews

3.8/5
Based on35 User Reviews
  • All (35)
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  • Experience (4)
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  • NYX is an excellent.....

    The Hero Electric NYX makes an print as a enthusiasm and adaptable Town geography accompaniment, furnishing druggies.....Read More

    By chaitanya
    On: Dec 01, 2023 | 284 Views
    • 1 Like
    • Dislikes
  • The Good One

    The Hero Electric NYX, which offers megacity residers a comfortable and environmentally responsible ride, is a key.....Read More

    By tanya khandelwal
    On: Nov 21, 2023 | 201 Views
    • 1 Like
    • Dislikes
  • for Hero Electric Nyx STD

    Good Experiance

    Had a great time with this scooty for over a year. No issues, no maintenance headaches, and the battery is still like.....Read More

    By abhishek singh
    On: Nov 10, 2023 | 311 Views
    • 1 Like
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  • Awesome Vehicle

    The Hero electric motor NYX represents the future of public transportation. When intending this electric scooter,.....Read More

    By tanya khandelwal
    On: Nov 02, 2023 | 195 Views
    • 1 Like
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  • Great Vehicle

    The civic transportation of the future is the Hero electric motor NYX. effectiveness and usability were crucial.....Read More

    By harish
    On: Oct 17, 2023 | 243 Views
    • 1 Like
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  • View All Hero Electric NYX 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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