Royal Enfield Hunter 350: EMI Buying Guide
If you’re planning on getting the Hunter 350 on loan, this guide will help you make the right financial decision
The Royal Enfield Hunter 350 is the most affordable bike in the brand’s lineup and the most affordable alloy wheel variant starts at a price of Rs 1,62,292 (ex-showroom, Chennai). If you’re planning to buy the bike on loan here’s a detailed breakdown of how much EMI you will have to pay for different loan tenures, with a downpayment of Rs 20,000 and an interest rate of 9.7 percent.
18-Month Loan Tenure
For an 18-month loan tenure, you will have to pay an EMI of Rs 11,317 which is a bit high. But the benefit here is that you’ll be paying less interest in total, coming to Rs 14,833. In this scheme, the total cost of the Royal Enfield Hunter 350 will be Rs 2,23,706.
2-Year Loan Tenure
If you’re looking to reduce the load of EMIs, you can go for a two-year loan scheme. With this, you will be paying an EMI of Rs 8,689 which is Rs 2,628 lower compared to the 18-month loan tenure. However, you will be paying higher interest, coming to Rs 19,663. You will pay a total of Rs 2,28,536 for the bike.
3-Year Loan Tenure
With a 3-year loan tenure, the EMI goes down further to Rs 6,068, which is much cheaper than what you would have to pay with the other schemes mentioned above. However, you will be paying a higher amount as interest, which comes to Rs 29,575 in this case. The total price of the bike will be Rs 2,38,448.
BikeDekho Says
Buying a motorcycle on an EMI is a good way to reduce the load of upfront payment, and also allows you to plan your finances better. However, with a higher loan period, you will be paying a lot more interest. Before applying for a loan, it is best to check what scheme you are most comfortable with. You can check the on-road prices of the Hunter 350 here.
Also, if you planning to buy the Hunter 350 and want to know what accessories it gets, you can check out the full accessories list along with their prices here.
It is important to note that, for the calculations above we have used an average rate of interest. Real-world rates may vary depending on a variety of factors including your CIBIL score, the amount you’re putting as downpayment along with bank policies. For a clear picture of interest rates and other details it is best to reach out to your bank. For similar breakdowns like the ones above, you can check out our EMI calculator here.
And, if you're confused which bike to buy between the Hunter 350 and the Yamaha XSR 155, here's our detailed comparison to make your decision easier. All said and done, if you have decided to book the Hunter 350, our detailed bookings guide will help make things clear. You can also take a look at the Hunter 350's Ultimate Buying Guide.
Royal Enfield Hunter 350 User Reviews
- royal enfield hunter 350 my reviewIt's a really good bike to ride in the city. Really good torque and also has amazing exhaust. Note even with stock however the rear suspension is a bit hard. Not a bad bike at all if you are looking for daily commuting along with a good amount of power. Eyecatching and people have even stopped me to ask about the bike and overall the bike is really good.Read More4 1
- Thankyou ROYAL ENFIELD 🖤Very nice motercycle. My first choice is Royal enfield hunter 350. I like it's features, it's stylish look, it's exaust sound and many more about it. This is a master piece. Looking classy and elegant. Thank you ROYAL ENFIELD for this motorcycle, I am very happy to have a HUNTER 350. I love this bike.Read More10 15
- hunter 350Safe riding and must buy this vechile for great mileage and looks, loving this bike of royal Enfield, it has comfortable seat and also in affordable price for everyone, easy to handle and has a great tork which make it easy to control up the hunter bike, i recommend to buy this beast and featured bike.Read More12 15
- Royal enfield the build machineMy first preference is short height bike because it's easy to handle it plus maintenance was so reliable. As per compare to the other with the same segment Hunter is far better then others. I really love to ride royal enfield bikes. For the city riding you love it like handling was very amazing plus throttle response is very amazing. For the lobby route you can adjust your seat or add some cusion over the seat or buy the new seat. For the city purpose you can buy this bike only. As I have a classic 350 and metor. l really like to ride hunter only because that machine is more powerfull as compared to other RE machine like the engine sound and silencer sound without changing any parts it shows the old version one.Read More6 7
- Excellent City and HighwayVery comfortable bike for daily riding and long trips. Seat comfort is excellent, riding position is relaxed and city traffic me handle karna easy hai. Engine smooth aur refined hai. Build quality, fit and finish premium feel dete hain. Overall performance, mileage, comfort aur looks ke hisab se Hunter 350 is a great value for money motorcycle.Read More30 31