Royal Enfield Bullet 350 Base Variant: EMI Buying Guide
Here is a quick guide to buy your dream Royal Enfield motorcycle using an EMI finance scheme
The base (Military Red/Black) variant of the Royal Enfield Bullet 350 is priced at Rs 1,63,783 (ex-showroom, Chennai). Here’s how much EMI you will have to pay for this Royal Enfield, considering a downpayment of Rs 30,000:
2-Year Loan Tenure
If we consider an average loan interest rate of about 9.7% for a 2-year tenure, the EMI comes to Rs 8,378. That means a total repayment amount of Rs 2,01,072 over 24 months plus the downpayment.
While the EMI is slightly higher, the loan gets cleared quickly, and the buyer pays lesser interest compared to longer tenures.
3-Year Loan Tenure
For those preferring lower EMIs, the 3-year loan option brings the monthly payment down to a more convenient amount of Rs 5,850. This results in a total repayment amount of Rs 2,10,600 over 36 months, plus the downpayment. In comparison to the 2-year tenure, you will be paying Rs 9,528 more to the bank, but you will have the ease of a lower EMI.
4-Year Loan Tenure
Stretching the loan period to 4 years lowers the monthly EMI to Rs 4,593. This equals a total repayment of Rs 2,20,464 over a period of 48 months plus the downpayment. As compared to the 3-year loan, you will be paying Rs 9,764 extra to the bank. However, the trade-off would be a more comfortable monthly installment.
BikeDekho Says
Buying any bike on loan can reduce the immediate financial load that comes with an upfront payment. However, it comes with the interest rate that you pay to the bank, and it also increases the total buying cost of the bike. When opting for a loan, we advise you to thoroughly read the terms and conditions of the bank.
That said, the applicable downpayment and the interest rate will vary depending on the loan-issuing bank as well as your credit score. Our EMI calculations are based on the average of these variables. The amounts can change depending on each case. If you're planning to add accessories for the Bullet, you might want to have extra buffer for it as well. As for the details of the other variants, head to our Bullet 350 variant explainer.
You can also check out our detailed booking guide of the Royal Enfield Bullet 350, to know everything about the buying procedure. Here's the on-road pricing of the Bullet 350 as well. For a summation of everything about the Bullet, here's our Ultimate Buying Guide.
Royal Enfield Bullet 350 User Reviews
- Royal EnfieldGood for city traffic and once the bike is ridden for 3/4 kms, its more smoother and with rising fuel price, the bike provides a very good mileage compared to its rivals and in long journeys Royal Enfield is much more reliable. This bike never disappoint. Very positive experience. I have been riding it in city traffic and compared to other bikes, this bikes is way more smoother and easy to handle. Good riding posture, good fuel economy, even long rides are fun to have in a Royal Enfield. The bike is reliable and good build quality, good to ride and every one who has ridden one has never regretted and this bikes are like u have one and u can ride them for years without any issues. Nice bike.Read More7 4
- Royal Feel with Bullet 350Maine Royal Enfield Bullet 350 isliye choose ki kyunki mujhe hamesha se classic bikes pasand rahi hain aur Bullet ka look aur feel alag hi level ka hai. Iska design simple hone ke bawajood bhi kaafi royal aur premium lagta hai. Road par chalate waqt log automatically notice karte hain, jo ek alag hi confidence deta hai. Ab tak ka riding experience kaafi acha raha hai. Bullet 350 chalane ka feel alag hi hota hai, especially jab aap highway par ride karte ho. Engine ka power smooth hai aur bike stable rehti hai even high speed par bhi. Haan, main definitely Royal Enfield Bullet 350 recommend karunga, lekin yeh depend karta hai ki aap kis type ki riding pasand karte ho. Agar aapko classic look, strong road presence aur relaxed riding experience chahiye, to yeh bike perfect hai.Read More8 6
- I never dislike Royal Enfield bikeI would select a royal Enfield bike for my style and luxury life and like that sounds and performance chosen for long-distance comfort, while a more aggressive, aerodynamic, and stiff frame is chosen for racing The ride so far is a mix of learning building confidence and finding joy in the journey with many riders suggesting it takes about a month to get comfortable while some say it takes up to five years Key elements often include practicing low-speed maneuvers wearing proper gear and most importantly riding your own ride at a comfortable pace. Royal Enfield bikes are highly recommended for riders seeking a retro-styled comfortable and charismatic machine for cruising, commuting, or long-distance touring, particularly with the new 350cc J-series and 650cc twin-cylinder models.Read More21 2
- Great bike is standard 350Highly praised for its iconic, timeless design, solid metal build quality, and superior comfort on long rides. Bullet my favourite bike, best bike 350 cc bike good looking sitting so comfortable pickup is so high and bike balance and stable super bike, braking is good royal bike in 350 segment, my love my bike.Read More13 7
- royal enfied bullet 350Roya Enfied Bullet is a powerful bike with engine and best mileage bike is a comfortable with daily usage because this bike you can modify and is look is very good and black colour is very best. Bullet bike is a best bike for daily usage and bike was very good, this bike is very still and comfortable.Read More8 6