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# Jitendra JMT 1000 3K EMI Calculator

Jitendra JMT 1000 3K EMI starts at Rs 4,419 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,37,305. 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 JMT 1000 3K. (Calculated on On Road Price in Delhi)

## Jitendra JMT 1000 3K Down Payment and EMI

JMT 1000 3K VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD1,37,305Rs. 15,256Rs. 4,419
Rs. 1.48 Lakh*
EMI starts from ₹ 4,419
*Ex-showroom Price in Delhi
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## Calculate your Loan EMI for JMT 1000 3K

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
• Total Loan AmountRs.0
• Payable AmountRs.0
• You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi

## JMT 1000 3K EMI FAQs

What will be the lowest down payment for Jitendra JMT 1000 3K?

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 Jitendra JMT 1000 3K includes the RTO and insurance charges.

What will be the monthly EMI for Jitendra JMT 1000 3K?

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 Jitendra JMT 1000 3K 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. ₹1,37,561/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 137561 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,419/-

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 Jitendra JMT 1000 3K?

The interest rate for Jitendra JMT 1000 3K 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 Jitendra JMT 1000 3K?

EMI for Jitendra JMT 1000 3K 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.

## Jitendra JMT 1000 3K User Reviews

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