Okinawa Praise EMI Calculator

Okinawa Praise
62 reviews
Rs. 74,880*
*Ex-showroom Price in delhi
Get Loan starting @ 9.7%

Okinawa Praise EMI starts at Rs 2,434 per month for a tenure of 36 months @9.7 for a loan amount of Rs 67,392. 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 Praise. (Calculated on On Road Price in Delhi)

 

Okinawa Praise Down Payment and EMI

Praise VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD67,392Rs. 7,488Rs. 2,434

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Calculate your Loan EMI for Praise

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
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of Praise Alternatives

*Ex-showroom Price in delhi

Questions And Answers

  • FAQ

What will be the lowest down payment for Okinawa Praise?

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 Okinawa Praise includes the RTO and insurance charges.

What will be the monthly EMI for Okinawa Praise?

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 Okinawa Praise 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. ₹67,880/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 67880 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs /-

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 Okinawa Praise?

The interest rate for Okinawa Praise 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 Okinawa Praise?

EMI for Okinawa Praise 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.

Okinawa Praise User Reviews

3.7/5
Based on62 User Reviews
  • All (62)
  • Looks (11)
  • Speed (9)
  • Mileage (8)
  • Service (7)
  • Power (6)
  • Performance (6)
  • Warranty (6)
  • More ...
  • LATEST
  • MOST HELPFUL
  • Please Don't waste your.....

    On a full charge, it gives mileage of just 20km because of the worst battery and the warranty they had mentioned for.....Read More

    By kamar nesa
    On: Aug 09, 2020 | 3899 Views
  • ASSEMBLED PARTS/WORST.....

    I purchased Okinawa Praise scooter on 1.12.2018.for Rs.69800/- In start running well. After three months Diggi cracked......Read More

    By jagdish behl
    On: Jul 28, 2020 | 2773 Views
  • Very good scooter

    Very good looks, amazing driving experience, battery indicator not accurate, under-seat space is large, speed modes.....Read More

    By tarandeep singh
    On: Jul 22, 2020 | 1488 Views
  • i purchased the okinava.....

    I purchased the Okinawa Praise the moment it was launched only because I like to help in whatever little way to save.....Read More

    By anthony lopes
    On: Jul 08, 2020 | 1792 Views
  • Wastage of money

    I purchased Okinawa praise, but after-sale service disappointed me lead-acid battery runs out just after 5400 km, No.....Read More

    By sahil jan
    On: Apr 21, 2020 | 3430 Views
  • View All Okinawa Praise Reviews

Okinawa Praise News

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Praise Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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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