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Tunwal Sport 63 Mini EMI Calculator

Tunwal Sport 63 Mini
2 reviews
Rs.49,990*
*Ex-showroom Price in delhi
View Finance Offers

Tunwal Sport 63 Mini EMI starts at Rs 1,445 per month for a tenure of 36 months @9.7 for a loan amount of Rs 44,991. 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 Sport 63 Mini. (Calculated on On Road Price in Delhi)

 

Tunwal Sport 63 Mini Down Payment and EMI

Sport 63 Mini VariantsLoan @ 9.7%. Down paymentEMI (36 months)
48V LA44,991Rs. 4,999Rs. 1,445
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Calculate your Loan EMI for Sport 63 Mini

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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At BikeDekho, We can help you get the best deal on your loans.

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Tunwal Sport 63 Mini Brochure

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Sport 63 Mini EMI FAQs

  • FAQ

What will be the lowest down payment for Tunwal Sport 63 Mini?

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 Tunwal Sport 63 Mini includes the RTO and insurance charges.

What will be the monthly EMI for Tunwal Sport 63 Mini?

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 Tunwal Sport 63 Mini 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. ₹44,990/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 44990 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,445/-

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 Tunwal Sport 63 Mini?

The interest rate for Tunwal Sport 63 Mini 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 Tunwal Sport 63 Mini?

EMI for Tunwal Sport 63 Mini 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.

Tunwal Sport 63 Mini User Reviews

4.0/5
Based on2 User Reviews
  • All (2)
  • Performance (1)
  • Mileage (1)
  • LATEST
  • MOST HELPFUL
  • it has good speed

    It is very good. It has very good performance and comes with good mileage. And it is easy to use.

    By ayush mirani
    On: Apr 15, 2023 | 194 Views
    • 2 Likes
    • 1 Dislikes
  • Great Scooter

    This is a great scooter, gives a great range, has nice colours, is best for city use and this is cheaper than a petrol.....Read More

    By gaurav
    On: May 30, 2022 | 2413 Views
    • 11 Likes
    • 3 Dislikes
  • View All Tunwal Sport 63 Mini 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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