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  • arup asked on 2 Aug 2019
    Q.

    What is the down-payment and the number of installments?

    • Bikedekho experts
    • on 3 Aug 2019

    Generally, a person has to pay, 10 to 30 percent down payment is required on the on-road price of a vehicle if the vehicle is purchased on finance. If the rate of interest is taken into account, then generally for the bikes the rate of interest is in the range of 9.70 to 12.5% however, the exact details regarding the rate of interest depends on the lending authority which varies for every person depending on the Cibil Score, bank and individual, etc.

    • Simon
    • on 20 Jun 2020

    Rs 20000

    • 2 Answers

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