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Triumph Bonneville T120 EMI Calculator

Triumph Bonneville T120 EMI starts at Rs 34,074 per month for a tenure of 36 months @6 for a loan amount of Rs 11,19,647. 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 Bonneville T120. (Calculated on On Road Price in Delhi)

Triumph Bonneville T120 Down Payment and EMI

Bonneville T120 VariantsLoan @ 6%. Down paymentEMI (36 months)
Stealth Edition11,99,257Rs. 1,33,251Rs. 36,491
Black11,19,647Rs. 1,24,405Rs. 34,074
STD11,19,647Rs. 1,24,405Rs. 34,074
Rs. 11.09 - 11.89 Lakh*
EMI starts from ₹ 34,074
*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Bonneville T120

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
• Total Loan AmountRs.0
• Payable AmountRs.0
• You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi

Bonneville T120 EMI FAQs

What will be the lowest down payment for Triumph Bonneville T120?

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 Triumph Bonneville T120 includes the RTO and insurance charges.

What will be the monthly EMI for Triumph Bonneville T120?

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 Triumph Bonneville T120 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. ₹11,20,052/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 1120052 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 34,074/-

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 Triumph Bonneville T120?

The interest rate for Triumph Bonneville T120 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 Triumph Bonneville T120?

EMI for Triumph Bonneville T120 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.

Triumph Bonneville T120 User Reviews

4.2/5
Based on14 User Reviews
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sam on Jun 24, 2020
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The Bonneville T120 looks greats and it is made for long rides because it is super comfortable and doesn't make you feel low even. If you drive continuous. The seats are very.....Read More

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