One Electric Motorcycles Kridn EMI Calculator
One Electric Motorcycles Kridn EMI starts at Rs 4,070 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,26,614. 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 Kridn. (Calculated on On Road Price in Delhi)
One Electric Motorcycles Kridn Down Payment and EMI
Kridn Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
STD | 1,26,614 | Rs. 14,068 | Rs. 4,070 |
Calculate your Loan EMI for Kridn
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Kridn EMI FAQs
- FAQ
What will be the lowest down payment for One Electric Motorcycles Kridn?
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 One Electric Motorcycles Kridn includes the RTO and insurance charges.
What will be the monthly EMI for One Electric Motorcycles Kridn?
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 One Electric Motorcycles Kridn 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. ₹1,26,682/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 126682 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,070/-
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 One Electric Motorcycles Kridn?
The interest rate for One Electric Motorcycles Kridn 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 One Electric Motorcycles Kridn?
EMI for One Electric Motorcycles Kridn 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.
One Electric Motorcycles Kridn User Reviews
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- Looks (2)
- Warranty (1)
- Speed (1)
- Performance (1)
- Torque (1)
- Safety (1)
- Power (1)
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Great Experience
The design is lovable, providing a proper range that complements the bike's highly attractive look. Additionally, the.....Read More
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Seems To Be Good And Effective
Seems to be good and effective as per specifications and design. Always innovative as a multi-utility two-wheeler,.....Read More
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Kridn electric bike
Electric motorcycles, like the Kridn, offer several advantages over traditional gasoline-powered bikes. They are known.....Read More
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Great Bike
I would say electric bikes are best for daily commute. No fuel expenses. Classy Royal Enfield likes the look. The.....Read More
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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.