Bajaj Pulsar 180: EMI Buying Guide

The Bajaj Pulsar 180 was recently relaunched in India, and is priced at Rs 1,22,490 (ex-showroom, Delhi). If you are planning to buy it on loan, here's a systematic EMI breakdown for different loan tenures, with a down payment of Rs 14,000 and an interest rate of 9.7%.

18 Month Loan 

For an 18-month loan tenure, you have to pay an EMI of Rs 7,732. While the EMI is higher than the other loan tenures, the interest is comparatively lower at Rs 10,137. The total repayment cost comes out to Rs 1,39,176. 

24 Month Loan 

The 24-month loan tenure balances EMI and interest amount.  You have to pay an EMI of Rs 5,937, and the total repayment cost is Rs 1,42,488 with an interest of Rs 13,449.

36 Month Loan 

If you want even lower EMI, then the 36-month loan is for you. It offers the lowest EMI of Rs  4,146, but the interest is higher at Rs 20,217. The total repayment cost in this scheme is Rs 1,49,256.

BikeDeko Says 

Buying a bike, such as the Bajaj Pulsar 180, on EMI is a smart way of avoiding paying the total cost of the bike upfront, making the purchase easier. However, it also increases the overall cost of the bike. Additionally, the EMI, down payment, and the interest rates ultimately depend on your CIBIL score and loan scheme. Make sure you review the terms and conditions of your loan scheme with your bank before signing it.