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Hero HF 100 EMI Calculator
Hero HF 100 EMI starts at Rs 1,971 per month for a tenure of 36 months @9.7 for a loan amount of Rs 61,524. 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 HF 100. (Calculated on On Road Price in Delhi)
Hero HF 100 Down Payment and EMI
| HF 100 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 61,524 | Rs. 6,836 | Rs. 1,971 |
Calculate your Loan EMI for HF 100
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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HF 100 EMI FAQs
What will be the lowest down payment for Hero HF 100?
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 HF 100 includes the RTO and insurance charges.
What will be the monthly EMI for Hero HF 100?
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 HF 100 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. ₹61,360/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 61360 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,971/-
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 HF 100?
The interest rate for Hero HF 100 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 HF 100?
EMI for Hero HF 100 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 HF 100 User Reviews
Popular Mentions
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Its effectiveness and simplicity
For my everyday commute, the Hero HF 100 has been a reliable worker. For city trips, its 100cc engine provides great fuel economy. Learning to ride, my younger brother finds it.....Read More
Was this review helpful?YesNoHero HF 100 is a great choice
Hero HF 100 doesn't sacrifice style or usefulness. The sleek, simple appearance is great for those who want simplicity. The 97.2cc engine is reliable and fuel-efficient for daily.....Read More
Was this review helpful?YesNoLike a trustworthy travel buddy
Finally, we have the Hero HF 100. Like a trustworthy travel buddy! At around 59,000 on-road, it's among the most cheap bikes in its category. It gets 70 km/l, which is high fuel.....Read More
Was this review helpful?YesNoReliable and Economical
I've been using the model few days back and was totally satisfied . It's a simple, classic design that never goes out of style. I easily get mileage around 60-70 kilometers per.....Read More
Was this review helpful?YesNoGood experience with Hero HF 100
My father bought Hero HF 100 few months back for daily usage. he is happy with the riding experience. I also had a ride on this bike and according to me this bike is much.....Read More
Was this review helpful?YesNo- View All Hero HF 100 Reviews
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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.