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Suzuki Avenis EMI Calculator

Suzuki Avenis
43 reviews
Rs.92,000 - 92,800*
*Ex-showroom Price in delhi
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Suzuki Avenis EMI starts at Rs 3,048 per month for a tenure of 36 months @9.7 for a loan amount of Rs 95,277. 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 Avenis. (Calculated on On Road Price in Delhi)

 

Suzuki Avenis Down Payment and EMI

Avenis VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Race Edition96,070Rs. 10,674Rs. 3,076
Base95,277Rs. 10,586Rs. 3,048
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Calculate your Loan EMI for Avenis

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
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Suzuki Avenis Brochure

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Find EMI of Avenis Alternatives

*Ex-showroom Price in delhi

Avenis EMI FAQs

  • FAQ

What will be the lowest down payment for Suzuki Avenis?

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 Suzuki Avenis includes the RTO and insurance charges.

What will be the monthly EMI for Suzuki Avenis?

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 Suzuki Avenis 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. ₹94,863/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 94863 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,048/-

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 Suzuki Avenis?

The interest rate for Suzuki Avenis 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 Suzuki Avenis?

EMI for Suzuki Avenis 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.

Suzuki Avenis User Reviews

4.1/5
Based on43 User 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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