Okaya Faast F2B EMI Calculator

Okaya Faast F2B
23 reviews
Rs.93,950*
*Ex-showroom Price in delhi
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Okaya Faast F2B EMI starts at Rs 2,830 per month for a tenure of 36 months @9.7 for a loan amount of Rs 88,284. 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 Faast F2B. (Calculated on On Road Price in Delhi)

 

Okaya Faast F2B Down Payment and EMI

Faast F2B VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD88,284Rs. 9,809Rs. 2,830
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Calculate your Loan EMI for Faast F2B

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
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Okaya Faast F2B Brochure

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Faast F2B EMI FAQs

  • FAQ

What will be the lowest down payment for Okaya Faast F2B?

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 Okaya Faast F2B includes the RTO and insurance charges.

What will be the monthly EMI for Okaya Faast F2B?

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 Okaya Faast F2B 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. ₹88,093/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 88093 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,830/-

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 Okaya Faast F2B?

The interest rate for Okaya Faast F2B 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 Okaya Faast F2B?

EMI for Okaya Faast F2B 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.

Okaya Faast F2B User Reviews

4.1/5
Based on23 User Reviews
  • All (23)
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  • Best scooter

    My new fashionable crony is my Okaya Faast F2B. This Independence 125cc electric scooter is my fave out of all of them,.....Read More

    By souvi
    On: Jan 02, 2024 | 135 Views
    • Like
    • Dislikes
  • Awesome Scooter

    My Okaya Faast F2B is my new stylish crony. At only ₹ 79,999, it has come my favored Independence among 125cc.....Read More

    By sanjay
    On: Dec 20, 2023 | 125 Views
    • Like
    • Dislikes
  • Fabulous Experience

    The battery capacity of Okaya Faast F2B is 2.2 Kwh which is a decent battery pack system combined with the 1200-watt.....Read More

    By yasmeen
    On: Dec 20, 2023 | 60 Views
    • Like
    • Dislikes
  • It provides large floorboard

    With the price under 1 lakh Okaya Faast F2B get a sporty design and is a youthful looking electric scooter. It provides.....Read More

    By garima
    On: Dec 18, 2023 | 86 Views
    • Like
    • Dislikes
  • Okaya Has Done A Great Job

    An electric scooter that balances features and interpretation is the Okaya Faast F2B. The Faast F2B meets standard.....Read More

    By kabir
    On: Dec 01, 2023 | 91 Views
    • Like
    • 0 Dislikes
  • View All Okaya Faast F2B Reviews

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Disclaimer :

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.

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