Simple One EMI Calculator

Simple One
4 reviews
Rs.1.09 Lakh*
*Ex-showroom Price in delhi
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Simple One EMI starts at Rs 3,550 per month for a tenure of 36 months @9.7 for a loan amount of Rs 98,999. 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 One. (Calculated on On Road Price in Delhi)

 

Simple One Down Payment and EMI

One VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD98,999Rs. 11,000Rs. 3,550
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Calculate your Loan EMI for One

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 One Alternatives

*Ex-showroom Price in delhi

One EMI FAQs

  • FAQ

What will be the lowest down payment for Simple One?

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 Simple One includes the RTO and insurance charges.

What will be the monthly EMI for Simple One?

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 Simple One 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. ₹98,999/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 98999 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs /-

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 Simple One?

The interest rate for Simple One 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 Simple One?

EMI for Simple One 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.

Simple One User Reviews

5.0/5
Based on4 User Reviews
  • All (4)
  • Torque (1)
  • Speed (1)
  • Mileage (1)
  • Looks (1)
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  • Premium yet affordable

    As per details available. It is a very good scooter. Excited to see it in Pune. It will surely beat the Ola scooter.....Read More

    By pritam mishra
    On: Sep 07, 2021 | 14731 Views
  • Amazing Scooter

    It's a dreamer electric scooter. Good to purchase for a family. It is an amazing scooter.

    By kapil chauhan
    On: Aug 16, 2021 | 441 Views
  • Father of all electric.....

    Best electric scooter in India, it definitely beat Ola electric. Its best in range, torque, speed, design etc.

    By sumit
    On: Aug 09, 2021 | 497 Views
  • Smart look

    It has a very good mileage as company claims as well as charging time is also very less for charging, looking was also.....Read More

    By raman
    On: Aug 07, 2021 | 10357 Views
  • View All Simple One Reviews

Simple One News

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*Ex-showroom Price in delhi

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One 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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