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Honda QC1 EMI Calculator
Honda QC1 EMI starts at Rs 2,810 per month for a tenure of 36 months @9.7 for a loan amount of Rs 87,714. 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 QC1. (Calculated on On Road Price in Delhi)
Honda QC1 Down Payment and EMI
| QC1 Variants | Loan @9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 87,714 | Rs. 9,746 | Rs. 2,810 |
Shortlist
Rs.90,022*
EMI starts from ₹2,810
Calculate your Loan EMI for QC1
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period (Months)
Your monthly EMI
Rs.2,810*
Rate of interest@ 9.7%* for 36 Months
- Loan amountRs.87460
- Interest amountRs.13700
- Total Amount PayableRs.101160*
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QC1 EMI FAQs
Q) What will be the lowest down payment for Honda QC1?
A) 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 Honda QC1 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Honda QC1?
A) 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 Honda QC1 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. ₹87,460/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 87460 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,810/-
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.
Q) What will be the interest rate for Honda QC1?
A) The interest rate for Honda QC1 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.
Q) What will be the EMI for 3 years tenure for Honda QC1?
A) EMI for Honda QC1 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.
Honda QC1 User Reviews
Based on8 User Reviews
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Popular Mentions
- All (8)
- Price (3)
- Comfort (3)
- Warranty (2)
- Style (2)
- Looks (2)
- Speed (1)
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- Latest
- Honda QC1 reviewBecause it is EV and I need it for local use, better for daily commute like local market and school. For my daughter's daily school and coaching commuting. Of course, pollution free ride and contribution in environment saving. It is full of satisfaction and exciting. Good boot space to carry daily usages things like helmet and some small items. Ride quality is smooth and stable and breaking is also good. Need to work on range. Yes, The reason is clean design and style. Honda's provides less range so expecting some better range in coming days. Need to improve on battery warranty. There should be at lifetime warranty. Overall its is good in its price range.Read More
- Don't buy this productits 3rd month i brought this bike , battery health reduced very fast and range is also reduced, i think to màke a complaint on legal its like its scàm that true range is not mentioned and Range is very low, battery charging time is more, don't buy this product and its smooth, but battery is so dam weak.Read More11 7
- Comfortable and good rangeRiding this scooty feels so comfortable. It gives a nice range and honda being a trusted brand has kept its potential the same in electric segment also. The scooty is very silent which makes this a perfect vehicle to enjoy the environments sound with no noise.its look is also very nice at a budget price ..making it best for students and corporate peopleRead More1 3
- I am so happy to purchase this bikeIts bike is very comfortable and safety purpose is very good i am so happy this bike to purchase i suggest the all person to take the bike and visit to the show room only one time be tested to the ride you are very comfortable and nice feeling to smoothly driving . In the all feature is very excellentRead More3 2
- Bike riderThis bike use so nice Bhut smooth h or Aram bhi h chalane m ap bhi is ko purchase kijyai or use karyai q ky jab tak ap ise use n karengai tak tak apko pata kaise chalaiga ya accha h ki n to guys ap ise kharid sakte h acchi gadi h or comfortable bhi h so go and buy this bike and safe bhi jaruri h to helmet jarur lagaiyai gaRead More2 2
- My Service experienceIt was good as you know the service of honda is best out ther the honda product are well built the quality is top notch I did a top speed test on the scooty and it is very quick I ride ola before the ola was low quality product compared to honda the performance and torque is very very good I can say thate scooter is worth buying.Read More1 1
- Very useful features and worthy.Very useful features and worthy. Battery capacity is good, warranty wise also better, Expecting more quality materials, finally styling looks good.3 1
- About honda qc1Average features and not worth full at all because in this price too many superior quality scooter available in market5 1
- View All Honda QC1 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.
*Avg. Ex-Showroom price
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