Question 1

What is the engine displacement of Honda XR 300L?

BikeDekho Experts · Accepted Answer

The engine displacement of Honda XR 300L is 293.5 cc

Question 2

What is the Ex-Showroom Price of Honda XR 300L?

BikeDekho Experts · Accepted Answer

The Ex-Showroom price of XR 300L in Shahabad is 1,83,000.

Question 3

What is the Body style of Honda XR 300L?

BikeDekho Experts · Accepted Answer

The Body Style of XR 300L is off-road.

Question 4

What are the Model versions of Honda XR 300L?

BikeDekho Experts · Accepted Answer

The model versions of XR 300L are Honda XR 300L STD .

Question 5

What are the Color options of Honda XR 300L?

BikeDekho Experts · Accepted Answer

Honda XR 300L comes with 2 color options - Shasta White, Extreme Red.

Question 6

What will be the lowest down payment for Honda XR 300L?

BikeDekho Experts · Accepted Answer

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 XR 300L includes the RTO and insurance charges.

Question 7

What will be the monthly EMI for Honda XR 300L?

BikeDekho Experts · Accepted Answer

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 XR 300L 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. ₹2,10,330/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 210330 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,399/-
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.

Question 8

What will be the interest rate for Honda XR 300L?

BikeDekho Experts · Accepted Answer

The interest rate for Honda XR 300L 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.

Question 9

What will be the EMI for 3 years tenure for Honda XR 300L?

BikeDekho Experts · Accepted Answer

EMI for Honda XR 300L 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.

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