Mahindra Mojo 300 BS6 EMI Calculator

Mahindra Mojo 300 BS6
4 reviews
Rs. 1.99 - 2.17 Lakh*
*Ex-showroom Price in delhi
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Mahindra Mojo 300 BS6 EMI starts at Rs 6,663 per month for a tenure of 36 months @6 for a loan amount of Rs 2,03,663. 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 Mojo 300 BS6. (Calculated on On Road Price in Delhi)

 

Mahindra Mojo 300 BS6 Down Payment and EMI

Mojo 300 BS6 VariantsLoan @ 6%. Down paymentEMI (36 months)
Red Agate2,21,035Rs. 24,560Rs. 7,231
Ruby Red2,21,035Rs. 24,560Rs. 7,231
Garnet Black2,15,607Rs. 23,956Rs. 7,066
Black Pearl2,03,663Rs. 22,629Rs. 6,663
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Calculate your Loan EMI for Mojo 300 BS6

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%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
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of Mojo 300 BS6 Alternatives

*Ex-showroom Price in delhi

Mojo 300 BS6 EMI FAQs

  • FAQ

What will be the lowest down payment for Mahindra Mojo 300 BS6?

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 Mahindra Mojo 300 BS6 includes the RTO and insurance charges.

What will be the monthly EMI for Mahindra Mojo 300 BS6?

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 Mahindra Mojo 300 BS6 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. ₹2,03,292/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 203292 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,663/-

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 Mahindra Mojo 300 BS6?

The interest rate for Mahindra Mojo 300 BS6 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 Mahindra Mojo 300 BS6?

EMI for Mahindra Mojo 300 BS6 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.

Mahindra Mojo 300 BS6 User Reviews

3.5/5
Based on4 User Reviews
  • All (4)
  • Maintenance (1)
  • Comfort (1)
  • Safety (1)
  • Tyres (1)
  • Sensors (1)
  • LATEST
  • MOST HELPFUL
  • One Of the Best Tourer Bike.....

    It's One Of the Best Tourer Available In India. 26 BHP Against 294CC is superb. Low Maintenance Cost. Up Ride.....Read More

    By mojo 300 abs
    On: Oct 05, 2020 | 1803 Views
  • Very good bike.

    Very good bike, for both for Touring and City commute. Definitely attention grabbing bike with good sensors for safety.....Read More

    By the wanderer
    On: Sep 16, 2020 | 1011 Views
  • Poor bike.

    Poor bike very costly bike this bike is not value for money.

    By vinay kumar
    On: Sep 14, 2020 | 365 Views
  • Best Sport Bike

    This is our Indian brand. A very strong and comfortable bike. thanks to Mahindra company. I have a Mahindra bike. I.....Read More

    By jagaish kumar
    On: Aug 09, 2020 | 1301 Views
  • View All Mahindra Mojo 300 BS6 Reviews

Mahindra Mojo 300 BS6 News

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*Ex-showroom Price in delhi

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Mojo 300 BS6 Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month
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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