Royal Enfield Classic 350 EMI Calculator

Royal Enfield Classic 350 EMI starts at Rs 6,149 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,71,417. 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 Classic 350. (Calculated on On Road Price in Delhi)
Royal Enfield Classic 350 Down Payment and EMI
Classic 350 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
Orange Ember | 1,93,256 | Rs. 21,473 | Rs. 6,947 |
Metallo Silver | 1,93,256 | Rs. 21,473 | Rs. 6,947 |
Mercury Silver | 1,75,696 | Rs. 19,522 | Rs. 6,284 |
Pure Black | 1,75,696 | Rs. 19,522 | Rs. 6,284 |
Gunmetal Grey Spoke | 1,81,346 | Rs. 20,150 | Rs. 6,509 |
STD | 1,71,417 | Rs. 19,046 | Rs. 6,149 |
Chrome Black | 1,96,464 | Rs. 21,829 | Rs. 7,039 |
Stealth Black | 1,96,464 | Rs. 21,829 | Rs. 7,039 |
Signals Edition | 1,89,844 | Rs. 21,094 | Rs. 6,811 |
Gunmetal Grey | 1,93,256 | Rs. 21,473 | Rs. 6,947 |
Classic Black | 1,79,482 | Rs. 19,943 | Rs. 6,434 |
Calculate your Loan EMI for Classic 350
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Find EMI of Classic 350 Alternatives
Questions And Answers
- FAQ
What will be the lowest down payment for Royal Enfield Classic 350?
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 Royal Enfield Classic 350 includes the RTO and insurance charges.
What will be the monthly EMI for Royal Enfield Classic 350?
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 Royal Enfield Classic 350 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. ₹1,71,463/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 171463 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,149/-
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 Royal Enfield Classic 350?
The interest rate for Royal Enfield Classic 350 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 Royal Enfield Classic 350?
EMI for Royal Enfield Classic 350 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.
Royal Enfield Classic 350 User Reviews
- All (758)
- Looks (171)
- Comfort (168)
- Mileage (157)
- Engine (117)
- Power (114)
- Performance (101)
- Experience (61)
- More ...
- LATEST
- MOST HELPFUL
- VERIFIED PURCHASE
Good Mileage
Best mileage and low maintenance cost.
Classic 350 - Amazing Comfort
RE Classic 350 is one of the best bikes in its class. The style and comfort is amazing. I'm using this bike for the.....Read More
Awesome Bike- Royal Enfield.....
A few days back, I bought Royal Enfield Classic 350. It has awesome look with a great personality. My friend is using.....Read More
Comfortable Riding Posture -.....
Royal Enfield Classic 350 Bike is a great choice in this price range. This bike looks very amazing and I really like.....Read More
Offering Good Features -.....
I am a big fan of Royal Enfield Bikes and that's why I bought Classic 350. This bike offers good features and I really.....Read More
- View All Royal Enfield Classic 350 Reviews
Royal Enfield Classic 350 News
With a considerable increment this time around, the bike has become a little...
Strap yourself in for a long stint of twiddling your thumbs if you want to pick...
The brand has now introduced the ‘Make-It-Yours’ initiative to its...
The Royal Enfield Classic 350 outsells the Hero Passion!The massive swarms of...
Not one, but 21 of these bike ambulances have been built.The Institute of...
Top 10 Bikes in India
- Best
- Hero Splendor PlusRs61,785 - 65,295*
- Royal Enfield Classic 350Rs1.67 - 1.92 Lakh*
- Yamaha YZF R15 V3Rs1.47 - 1.51 Lakh*
- Yamaha MT-15Rs1.39 - 1.40 Lakh*
- TVS Apache RTR 160Rs1.02 - 1.05 Lakh*
- Royal Enfield Bullet 350Rs1.27 - 1.42 Lakh*
- Bajaj Pulsar 150Rs94,125 - 1.04 Lakh*
- Bajaj Pulsar NS200Rs1.33 Lakh*
- Honda Hness CB350Rs1.86 - 1.92 Lakh*
- Honda Activa 6GRs66,799 - 70,044*
More Bike Options to Consider
Trending Royal Enfield Bikes
- Popular
- Upcoming
- Bullet 350Rs 1.27 - 1.42 Lakh*
- HimalayanRs 2.01 - 2.08 Lakh*
- Meteor 350Rs 1.78 - 1.93 Lakh*
- Interceptor 650Rs 2.66 - 2.87 Lakh*
- Continental GT 650Rs 2.82 - 3.03 Lakh*
- 2021 Classic 350Rs 1.70 Lakh*
- Hunter 350Rs 1.70 Lakh*
- Roadster 650Rs 3.50 Lakh*
- Cruiser 650Rs 3.50 Lakh*
Classic 350 Running Cost
Other Royal Enfield Classic bikes
- UPCOMING2021 Royal Enfield Classic 350Rs.1.70 Lakh expected price*
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.