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Joy e-bike Hurricane EMI Calculator
Joy e-bike Hurricane EMI starts at Rs 6,584 per month for a tenure of 36 months @6 for a loan amount of Rs 2,16,389. 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 Hurricane. (Calculated on On Road Price in Delhi)
Joy e-bike Hurricane Down Payment and EMI
| Hurricane Variants | Loan @ 6%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 2,16,389 | Rs. 24,043 | Rs. 6,584 |
Shortlist
Rs.2.33 Lakh*
EMI starts from ₹6,584
Calculate your Loan EMI for Hurricane
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
- On-Road PriceRs.2,40,432
- Total Loan AmountRs.216432
- Payable AmountRs.237024
- You’ll pay extraRs.20592
EMIper month
Rs6,584
Calculated on On Road Price inDelhi
At BikeDekho, We can help you get the best deal on your loans.
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Hurricane EMI FAQs
Q) What will be the lowest down payment for Joy e-bike Hurricane?
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 Joy e-bike Hurricane includes the RTO and insurance charges.
Q) What will be the monthly EMI for Joy e-bike Hurricane?
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 Joy e-bike Hurricane 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. ₹2,16,432/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 216432 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,584/-
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 Joy e-bike Hurricane?
A) The interest rate for Joy e-bike Hurricane 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 Joy e-bike Hurricane?
A) EMI for Joy e-bike Hurricane 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.
Joy e-bike Hurricane User Reviews
Based on5 User Reviews
Write a Review & Win ₹1000
Popular Mentions
- All (5)
- Speed (2)
- Performance (2)
- Experience (2)
- Looks (1)
- Power (1)
- Comfort (1)
- More ...
- Latest
- Only 80 kphThis bikes top speed is 80 kph doesn't have comfort also and it is soundless also but actually have great features because it is electric so its maintained good1
- Good PerformanceIt's better than the R15 and has good performance. I suggest buying it. So, by all means, go for it. He had a good experience in July, having been happy with it.
- Looking for an adventure thatLooking for an adventure that will sweep off the path of your daily life? Then come and experience the storm with Joy E-Bike’s Hurricane. One of India’s very first SuperBike that is 100% electric is now yours to grab. Joy E-Bike’s newest addition, the electric superbikes are filled with numerous features such as a powerful lithium-ion battery that can go on for at least 80kms at a full charge. Along with that, Hurricane also has a running cost of INR 40 Paise/km and a top speed of 90km/h.Read More
- best bike in electricBest bike in electric and performance is also good. Confertable,safe with minimum price range in this bike
- Nice VehicleIt's good for daily use, but performance lags a bit but it's good with the overall ride, mileage, and maintenance-free bike.
- View All Joy e-bike Hurricane 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.
*Ex-showroom price in Delhi
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