Calculate your Loan EMI for Speed 400
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Speed 400 EMI FAQs
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 Speed 400 includes the RTO and insurance charges.
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 Speed 400 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. ₹2,56,010/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 256010 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 7,788/-
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.
The interest rate for Triumph Speed 400 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.
EMI for Triumph Speed 400 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 Speed 400 User Reviews
- All (65)
- Speed (27)
- Engine (25)
- Looks (23)
- Performance (20)
- Comfort (19)
- Power (16)
- Price (16)
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- Dr govind MishraBoth driving and comfortable were assumed highway driving is unique and without roaring. Nice braking system comfortable in both long and short driveWas this review helpful?YesNo
- Bike love from hyderabadI love this machine, my favorite one. I wanna buy it and red is my favorite color. Just go for this love.Was this review helpful?YesNo
- Go for it without any hessitation.Good for city ride as well as for the highways. Comfortable and joy to ride in the cities. Millage could have been slight better.Was this review helpful?YesNo
- Triumph pocket rocketTriumph speed 400 very good bike for short heightened individuals. It’s a near and all sorted bike for a student with a really good power and torque response on the handsWas this review helpful?YesNo
- Triumph speed 400 is justTriumph speed 400 is just mindblowing the name goes with it speed 400 pickup and top end is amazing you can just pickup this bike in 4 and 5 gear tooWas this review helpful?YesNo
- View All Triumph Speed 400 Reviews
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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.