Question 1

What is the engine displacement of Merico Speedstar?

Accepted Answer

The engine displacement of Merico Speedstar is

Question 2

What is the Start type of this bike?

Accepted Answer

Merico Speedstar has Self Start Only.

Question 3

What is the Tyre Type of Merico Speedstar?

Accepted Answer

Merico Speedstar has Tubeless tyres.

Question 4

What is the city Mileage of Merico Speedstar?

Accepted Answer

The city Mileage of Merico Speedstar is -.

Question 5

What is the Weight of Merico Speedstar?

Accepted Answer

Merico Speedstar weighs around 59.9 kg.

Question 6

What is the exact Height of Merico Speedstar?

Accepted Answer

The height of Merico Speedstar is 1130 mm

Question 7

What is the Power of Merico Speedstar?

Accepted Answer

The power produced by Merico Speedstar is

Question 8

What is the Torque of Merico Speedstar?

Accepted Answer

The torque available on Merico Speedstar is .

Question 9

What is the required tyre air pressure for Merico Speedstar?

Accepted Answer

The recommended tyre air pressure for Merico Speedstar is .

Question 10

What is Merico Speedstar Top Speed?

Accepted Answer

Merico Speedstar has a top speed of .

Question 11

What will be the lowest down payment for Merico Speedstar?

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 Merico Speedstar includes the RTO and insurance charges.

Question 12

What will be the monthly EMI for Merico Speedstar?

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 Merico Speedstar 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. ₹48,692/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 48692 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs /-
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 13

What will be the interest rate for Merico Speedstar?

Accepted Answer

The interest rate for Merico Speedstar 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 14

What will be the EMI for 3 years tenure for Merico Speedstar?

Accepted Answer

EMI for Merico Speedstar 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.

Questions and Answers on Merico Speedstar

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