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Jitendra JMT 1000HS EMI Calculator

Jitendra JMT 1000HS EMI Calculator

Jitendra JMT 1000HS EMI starts at Rs 3,358 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,04,877. 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 1000HS. (Calculated on On Road Price in Delhi)

 

Jitendra JMT 1000HS Down Payment and EMI

JMT 1000HS VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD1,04,877Rs. 11,653Rs. 3,358
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Rs. 1.12 Lakh*
EMI starts from ₹ 3,358
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for JMT 1000HS

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
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JMT 1000HS EMI FAQs

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

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 1000HS includes the RTO and insurance charges.

What will be the monthly EMI for Jitendra JMT 1000HS?

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 1000HS 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. ₹1,04,530/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 104530 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,358/-

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 1000HS?

The interest rate for Jitendra JMT 1000HS 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 1000HS?

EMI for Jitendra JMT 1000HS 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 1000HS User Reviews

3.2/5
Based on4 User Reviews
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  • M
    muhammed on Feb 07, 2024
    3.8
    Good ScooterUsing this vehicle for almost 3 years and is quite satisfied with it as the maintenance cost is very low.

    I've been using this vehicle for almost 3 years and am quite satisfied with it, especially since the maintenance cost is very low.

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  • C
    chauhan on Sep 04, 2023
    4.0
    Budget Friendly

    Good value for money, smooth top speed. In my opinion, this bike is a great investment for your monthly savings.

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  • A
    anonymous on Sep 28, 2022
    1.0
    Poor vehicle With Poor Mileage

    Poor vehicle every month maintenance 500 to 1000. Its mileage is also very poor don't buy this vehicle its wast of money I already bought last 3 months.

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  • K
    khushal on Sep 23, 2022
    4.0
    Best Bike In Electric Segment

    The bike motor is very powerful full and overweight carrying capacity is 150kg. One problem with the bike is speed due to 50kmph speed is not good. Soo improves on the speed with.....Read More

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  • View All Jitendra JMT 1000HS 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.

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*Ex-showroom Price in Delhi
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