Bajaj Pulsar 220F: EMI Buying Guide
From 18 months to 36, here’s how to pick the right loan tenure
The Bajaj Pulsar 220F was recently launched in India with an all-new LED headlight, priced at Rs 1,35,582 (ex-showroom, Delhi). If you are planning to buy the Pulsar 220F on loan, here's a detailed EMI breakdown for different loan tenures with a down payment of Rs 16,000 and an interest rate of 9.7%.
18 Month Loan
For an 18-month loan scheme, you have to pay an EMI of Rs 8,472. While the EMI is comparatively higher than the other tenures, the interest is lower at Rs 11,098. The total repayment cost comes up to Rs 1,52,496.
24 Month Loan
The 24-month loan offers a balance between the EMI and the interest amount. You have to pay an EMI of Rs 6,505, and the total repayment cost is Rs 1,56,120, with an interest amount of Rs 14,772.
36 Month Loan
If you want the lowest EMI, then you can go with the 36-month scheme. It offers the lowest EMI of Rs 4,543, but the interest amount is relatively higher at Rs 22,150. The total repayment cost in this scheme is Rs 1,63,548.
BikeDekho Says
Buying the Bajaj bike 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 interest rate ultimately depend on your CIBIL score. Make sure you review all the terms and conditions of the loan scheme properly before signing it.
If you want to know more about the features of the Pulsar 220F, check out our detailed features explainer.
Bajaj Pulsar 220F User Reviews
- More update on Pulsar 220FThe update with Led Projector i admired it. And If Pulsar 220f provide with rear tyre size 140 section and front 110 section. Also gear position indicator. With Dual ABS Braking system. And Bajaj should launch one more Variant with front USD Suspension. And if possible 24.5Bhp with 20NM of torque. Then it will be a full Package.Read More48 6