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Royal Enfield Meteor 350 EMI Calculator

Royal Enfield Meteor 350 EMI Calculator

Royal Enfield Meteor 350 EMI starts at Rs 6,450 per month for a tenure of 36 months @6 for a loan amount of Rs 2,12,411. 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)
Aurora2,26,228Rs. 25,137Rs. 6,886
Stellar2,22,244Rs. 24,694Rs. 6,752
Supernova2,36,092Rs. 26,232Rs. 7,189
Fireball2,12,411Rs. 23,601Rs. 6,450
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Rs. 2.06 - 2.30 Lakh*
EMI starts from ₹ 6,450
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*Ex-showroom Price in Delhi
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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.2,36,012
  • Total Loan AmountRs.212012
  • Payable AmountRs.232200
  • You’ll pay extraRs.20188
EMIper month
Rs6,450
Calculated on On Road Price in Delhi
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Meteor 350 EMI FAQs

Q) What will be the lowest down payment for Royal Enfield Meteor 350?
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 Royal Enfield Meteor 350 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Royal Enfield Meteor 350?
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 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. ₹2,12,012/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 212012 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,450/- 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 Royal Enfield Meteor 350?
A) 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.
Q) What will be the EMI for 3 years tenure for Royal Enfield Meteor 350?
A) 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

4.2/5
Based on186 User Reviews
Write a Review & Win ₹1000
Popular Mentions
  • All (186)
  • Comfort (95)
  • Looks (66)
  • Engine (55)
  • Performance (45)
  • Experience (43)
  • Mileage (41)
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  • R
    raman on Dec 02, 2024
    4.8
    Meteor 350 user review after one year
    Meteor 350 is good for cruise to easy maintain u can feel the power and comfort on the motorcycle I have improve my mileage on my motorcycle on this method use always bharat.....
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  • R
    rajath on Dec 02, 2024
    4.7
    Meteor is the real winner
    This bike has amazing dynamics and ride stability it also does really good on off-road and on road , one of the best and most booked bikes from royal enfield
    Was this review helpful?
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  • S
    suraj on Nov 28, 2024
    5.0
    This bike is awesome this bike color is best
    This bike is awesome because color build quality price and mileage all very good this bike honestly made for long drive
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  • T
    tharun on Nov 24, 2024
    4.7
    Review of royal Enfield metero 350
    This bike best beautiful thing is build quality and best performance of this bike overall best to buy this bike
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  • K
    kuki on Nov 17, 2024
    4.8
    I used this bike on
    I used this bike on a road trip. It provided great mileage and moreover it's speed was very impressive to me.
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  • View All Royal Enfield Meteor 350 Reviews

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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.

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*Ex-showroom Price in Delhi
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