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River Indie EMI Calculator
River Indie EMI starts at Rs 4,494 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,39,404. 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 Indie. (Calculated on On Road Price in Delhi)
River Indie Down Payment and EMI
| Indie Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 1,39,404 | Rs. 15,489 | Rs. 4,494 |
Shortlist
Rs.1,45,999*
EMI starts from ₹4,494
Calculate your Loan EMI for Indie
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.4,494*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.139893
- Interest amountRs.21891
- Total Amount PayableRs.161784*
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Indie EMI FAQs
Q) What will be the lowest down payment for River Indie?
A) 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 River Indie includes the RTO and insurance charges.
Q) What will be the monthly EMI for River Indie?
A) 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 River Indie 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. ₹1,39,893/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 139893 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,494/-
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.
Q) What will be the interest rate for River Indie?
A) The interest rate for River Indie 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.
Q) What will be the EMI for 3 years tenure for River Indie?
A) EMI for River Indie 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.
River Indie User Reviews
Based on54 User Reviews
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Popular Mentions
- All (54)
- Comfort (21)
- Looks (15)
- Performance (13)
- Space (10)
- Style (9)
- Power (8)
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- Suv scooterBuild quality superb compare to other like chetak and ola service is also good and more over very important is it's our India brand. I like our nation product and also super ride experience my advice is please increase the range. Range is smaller than other but build quality is good and as well as comfortable for all areas, it's also smoothly ride on difficult road also it's very stylish scooter and could you please increase the range. Stylish design and comfort also good continuously ride long also because of give footrest also that's why it's comfortable to compare the other also carry the heavy weight also small disadvantage is range so look about this.Read More8 6
- good bike. and eco friendly.Its very tempting bike. Its electric and eco friendly. One should consider buying this bike because its electric and environmental friendly. I have pulsar 150 and I want to buy this bike as it is electric and more over it has got a great styling. It is the SUV of scooter as for the price is concern. It cost 1.6 lakh.Read More5 2
- A practical, stylish Ev that delivers comfortthe reason i want this bike because this is very affordable just 1.45-1.46 lakh and this battery range 4kwh, 120 km battery in Eco mode and this performance motor with 26 Nm torque, fun to ride in Rush mode.. comfort many rider praise the seating and suspension saying it smooth every or loner city rides. performance the scooter with moter and ridding modes eco ride an rush make i versatile users enjoy the quick practicality huge storage space and comfortable seating make it idea for daily commuting. range 120 km in eco mode is reliable for city rides. design bold, distinctive look that stands out from others scooters.Read More4 2
- Love it very muchAmazing scooter i love it and it mileage is also superb and i can't imagine the company make the product like that it very good and I think that we mostly love this one very much and can't ignore it , it really very best scooter and I truly purchasing soon and I need this type of scooter for me to travel in city I love itRead More4 8
- Stand out well!!The bike is super wasn't expecting much from it but really stand out well and really good for day to day life as the mileage is good we can't compare it with higher models as every model holds it important. My overall experience is good expecting more from brand. hope that Will update for more information in future.Read More3 2
- Lots of fun in ridingLots of fun in riding this vehicle Missing only keyless operation and Navigation and touchscreen Practically the features not at all required Only required the navigation And vehicle is too good and responsive in every ride run about 8000 kms no problem arise Service centre will fix all the problems including steering bearing They will diagnose pin to pin in the vehicle and they will do service Overall vehicle quality is best in the 2 wheeler ev segmentRead More6 1
- My indie gen2Awesome scooter river indie gen2. I brought 11th this month and ride 100km to my home. Good ride and super brakes, overall it's a gem of ev scooter. I m enjoying environmental scooter. Stylish looks, adv stance ev scooter, good led lights, accurate range, I brought in mysore indie showroom. It's friendly staff and fast loan approved.Read More4 1
- Very nice vehicle Friendly vehicleVery nice bike, Eco friendly, comfort and experience ride , very good Boots space and easy to access very good suspension performance is very very good LED lights also very power and very nice another that the colour and the shine also have to see very incredible tubeless tyre low maintenance ride is amazingRead More2
- Good enough to satisfy my desired scootyAs of now I'm riding this from about 6-7 months, now I can definately say it's good enough to give you your desired comfort. Incomparable with the other scooters in this segment. Battery performance is good but wish the should be more long lasting. But it has some laging features like a noise from the front case of the scooty and moreover they didn't provide the foot pad. Incase you wish to ride with a lady wearing saree, it slightly can be a problem for you.Read More1 1
- Unique BeastI’ve travelled 4300kms in 6 months. Loved riding it in and around Bengaluru. Very comfortable. Wish the battery options would allow us stretch to 150 kms. The acceleration in exp mode is pretty low but the ride mode is perfect! The body protection is very well designed that no fall would impact the body.Read More3 1
- View All River Indie Reviews
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River Indie Brochure
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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.
*Ex-showroom price in Delhi
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