NIJ Automotive Accelero R14 EMI Calculator
NIJ Automotive Accelero R14 EMI starts at Rs 1,542 per month for a tenure of 36 months @9.7 for a loan amount of Rs 47,703. 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 Accelero R14. (Calculated on On Road Price in Delhi)
NIJ Automotive Accelero R14 Down Payment and EMI
Accelero R14 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
Lithium Ion | 69,283 | Rs. 7,698 | Rs. 2,216 |
Lead Acid | 47,703 | Rs. 5,300 | Rs. 1,542 |
Calculate your Loan EMI for Accelero R14
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Accelero R14 EMI FAQs
- FAQ
What will be the lowest down payment for NIJ Automotive Accelero R14?
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 NIJ Automotive Accelero R14 includes the RTO and insurance charges.
What will be the monthly EMI for NIJ Automotive Accelero R14?
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 NIJ Automotive Accelero R14 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. ₹48,003/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 48003 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,542/-
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 NIJ Automotive Accelero R14?
The interest rate for NIJ Automotive Accelero R14 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 NIJ Automotive Accelero R14?
EMI for NIJ Automotive Accelero R14 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.
NIJ Automotive Accelero R14 User Reviews
- All (6)
- Comfort (3)
- Looks (3)
- Mileage (2)
- Style (2)
- Experience (2)
- Price (2)
- Safety (1)
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Great Experience
Speed and mileage are good on this bike I have used this bike for a couple of months, and highly recommended.
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Wonderful Experience
Nice experience, it's safe and better. The model looks nice and starts easily, providing a smooth working experience.....Read More
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Value For Money
The riding experience is truly fantastic, alleviating any concerns about petrol thanks to its remarkable 180-kilometre.....Read More
- 1 Like
- Dislikes
Good Features
Overall, in this price range, I would say this is the best option for daily users who travel short distances. It offers.....Read More
- 1 Like
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Best In Electrical Vehicles
Overall perfect for a city ride. Good looking and budget is also effective. Value for money.
- 1 Like
- Dislikes
- View All NIJ Automotive Accelero R14 Reviews
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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.