Hero Splendor Plus EMI Calculator

Hero Splendor Plus
737 reviews
Rs. 61,785 - 65,295*
*Ex-showroom Price in delhi
View Finance Offers

Hero Splendor Plus EMI starts at Rs 2,348 per month for a tenure of 36 months @9.7 for a loan amount of Rs 65,231. 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 Splendor Plus. (Calculated on On Road Price in Delhi)

 

Hero Splendor Plus Down Payment and EMI

Splendor Plus VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Black and Accent70,604Rs. 7,845Rs. 2,526
Self with Alloy Wheel and i3S BS668,710Rs. 7,635Rs. 2,451
Self with Alloy Wheel BS669,401Rs. 7,711Rs. 2,478
Kick with Alloy Wheel BS665,231Rs. 7,248Rs. 2,348

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Calculate your Loan EMI for Splendor Plus

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
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of Splendor Plus Alternatives

*Ex-showroom Price in delhi

Questions And Answers

  • FAQ

What will be the lowest down payment for Hero Splendor Plus?

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 Splendor Plus includes the RTO and insurance charges.

What will be the monthly EMI for Hero Splendor Plus?

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 Splendor Plus 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. ₹65,479/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 65479 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,348/-

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 Splendor Plus?

The interest rate for Hero Splendor Plus 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 Splendor Plus?

EMI for Hero Splendor Plus 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 Splendor Plus User Reviews

4.4/5
Based on737 User Reviews
  • All (737)
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  • 100 Percent Satisfied

    Everyone is telling Hero Splendor Plus is a middle class bike at the same time a lot of rich peoples are still using.....Read More

    By basil
    On: Feb 24, 2021 | 1244 Views
  • This bike is best to ride.

    Awesome bike best riding, best control, and best mileage.

    By munshi lal
    On: Dec 30, 2020 | 685 Views
  • Good looks Splendor Plus

    Very impressive bike. This bike is looking good and everything is so nice.

    By monu kamboj
    On: Dec 29, 2020 | 246 Views
  • Amazing bike.

    It's too good for all people in our country. We are always using this bike for about 18 years that is Hero.....Read More

    By mritunjay kumar
    On: Dec 22, 2020 | 1755 Views
  • Most Value For Money Bike.

    This bike is very nice, it is the most value for money bike in the Indian market, the best mileage, very comfortable.....Read More

    By amir alam
    On: Dec 02, 2020 | 3644 Views
  • View All Hero Splendor Plus Reviews

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Splendor Plus Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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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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