Calculate your Loan EMI for VXL 125
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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VXL 125 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 Vespa VXL 125 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 Vespa VXL 125 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. ₹1,33,760/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 133760 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,297/-
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 Vespa VXL 125 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 Vespa VXL 125 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.
Vespa VXL 125 User Reviews
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- Poor services networkWhen I bought the Vespa VXL 125 scooter in the year 2021, I had no idea the unreliability I would face. Whenever I visit the Rajajinagar, Bangalore authorized service center,.....Read MoreWas this review helpful?YesNo
- Super super super super super superBest look fantastic super milage smooth ride nice sound awesome scooty engine smooth sound super super Super super super super superWas this review helpful?YesNo
- Beautiful and dependableI own a Vespa VXL 125 scooter for a long time now and I can say that I have no problems with it. It has contemporary characteristics like a digital analog instrument cluster, USB.....Read MoreWas this review helpful?YesNo
- Nice PerformanceIt feels great to drive, looks stylish, and offers excellent comfort. Overall, it's been a very good experience.Was this review helpful?YesNo
- Vespa VXL 125 has been wonderfulDespite my busy schedule, the Vespa VXL 125 has been wonderful. Its sleek design and vibrant colors caught my eye, but its functionality and performance amazed me. My journey is.....Read MoreWas this review helpful?YesNo
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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.