Okinawa Ridge EMI Calculator

Okinawa Ridge
16 reviews
Rs. 44,790 - 79,290*
*Ex-showroom Price in delhi
Get Loan starting @ 9.7%

Okinawa Ridge EMI starts at Rs 1,521 per month for a tenure of 36 months @9.7 for a loan amount of Rs 42,668. 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 Ridge. (Calculated on On Road Price in Delhi)

 

Okinawa Ridge Down Payment and EMI

Ridge VariantsLoan @ 9.7%. Down paymentEMI (36 months)
3042,668Rs. 4,741Rs. 1,521
Plus GPS71,361Rs. 7,929Rs. 2,557
Plus65,601Rs. 7,289Rs. 2,363
STD43,866Rs. 4,874Rs. 1,569

Calculate your Loan EMI for Ridge

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 Ridge Alternatives

*Ex-showroom Price in delhi

Popular Bikes

*Ex-showroom price in Delhi

Ridge Running Cost

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

Frequently Asked Questions on Okinawa Ridge EMI

What will be the lowest down payment for Okinawa Ridge?

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 Ridge includes the RTO and insurance charges.

What will be the monthly EMI for Okinawa Ridge?

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 Ridge 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. ₹42,409/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 42409 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,521/- 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 Ridge?

The interest rate for Okinawa Ridge 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 Ridge?

EMI for Okinawa Ridge 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.

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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