Royal Enfield Meteor 350 EMI Calculator

Royal Enfield Meteor 350
36 reviews
Rs. 1.84 - 1.99 Lakh*
*Ex-showroom Price in delhi
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Royal Enfield Meteor 350 EMI starts at Rs 6,162 per month for a tenure of 36 months @6 for a loan amount of Rs 1,88,095. 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 Meteor 350. (Calculated on On Road Price in Delhi)

 

Royal Enfield Meteor 350 Down Payment and EMI

Meteor 350 VariantsLoan @ 6%. Down paymentEMI (36 months)
Stellar1,93,756Rs. 21,528Rs. 6,335
Supernova2,03,191Rs. 22,577Rs. 6,646
Fireball1,88,095Rs. 20,899Rs. 6,162
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Calculate your Loan EMI for Meteor 350

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%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 Meteor 350 Alternatives

*Ex-showroom Price in delhi

Questions And Answers

  • FAQ

What will be the lowest down payment for Royal Enfield Meteor 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 Meteor 350 includes the RTO and insurance charges.

What will be the monthly EMI for Royal Enfield Meteor 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 Meteor 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. ₹1,87,994/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 187994 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,162/-

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 Meteor 350?

The interest rate for Royal Enfield Meteor 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 Meteor 350?

EMI for Royal Enfield Meteor 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 Meteor 350 User Reviews

4.0/5
Based on36 User Reviews
  • All (36)
  • Looks (19)
  • Comfort (11)
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  • Performance (7)
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  • LATEST
  • सबसे उपयोगी
  • Great Bike.

    Royal Enfield Meteor 350 is so great that I will definitely buy this bike. My friend is also using this bike. It has.....Read More

    By parth awasthi
    On: Feb 28, 2021 | 2497 Views
  • Feels Awesome

    Royal Enfield Meteor 350 is so great that I will definitely buy this bike. My friend is also using this bike. It has.....Read More

    By shashank
    On: Feb 22, 2021 | 1002 Views
  • Comfortable Cruiser Bike

    Royal Enfield Meteor 350 has very good built guality ,Best performance, mileage is good, LED headlight, overall best.....Read More

    By ankit
    On: Feb 12, 2021 | 1230 Views
  • You will like it

    Hello friend, I live in Kota. I will share you my experience with Royal Enfield Meteor 350 bike. I am using this bike.....Read More

    By aman
    On: Feb 04, 2021 | 1059 Views
  • Safe Royal Enfield Meteor 350

    I have purchased this bike in bs6. New bike some days give 35 average but after 1st service my bike give good average......Read More

    By baldev
    On: Feb 01, 2021 | 879 Views
  • View All Royal Enfield Meteor 350 Reviews

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Meteor 350 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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