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Zelio Legender EMI Calculator

Zelio Legender
3 reviews
Rs.59,048 - 60,476*
*Ex-showroom Price in delhi
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Zelio Legender EMI starts at Rs 1,814 per month for a tenure of 36 months @9.7 for a loan amount of Rs 56,225. 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 Legender. (Calculated on On Road Price in Delhi)

 

Zelio Legender Down Payment and EMI

Legender VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Plus57,531Rs. 6,392Rs. 1,861
STD56,225Rs. 6,247Rs. 1,814
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Calculate your Loan EMI for Legender

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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Legender EMI FAQs

  • FAQ

What will be the lowest down payment for Zelio Legender?

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 Zelio Legender includes the RTO and insurance charges.

What will be the monthly EMI for Zelio Legender?

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 Zelio Legender 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. ₹56,472/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 56472 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,814/-

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 Zelio Legender?

The interest rate for Zelio Legender 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 Zelio Legender?

EMI for Zelio Legender 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.

Zelio Legender User Reviews

4.3/5
Based on3 User Reviews
  • All (3)
  • Experience (2)
  • Service (1)
  • Safety (1)
  • Comfort (1)
  • Dealer (1)
  • Price (1)
  • LATEST
  • MOST HELPFUL
  • for Plus

    Very Good EV

    Good-looking and stylish with great features for safety purposes. Very good driving experience and it lacks a sleep.....Read More

    By yogesh kumar
    On: Jan 15, 2024 | 158 Views
    • Like
    • 0 Dislikes
  • for Plus

    Fantastic Experience

    Fantastic experience at this price. Overall, good dealers are also nice people. The company provides the best service.

    By devendra
    On: Aug 24, 2023 | 135 Views
    • Like
    • 0 Dislikes
  • Very Nice Comfort

    Very good and comfortable. Any person can easily ride this bike. Specially for old people this bike is very good.

    By prahlad kumar jha
    On: Apr 29, 2023 | 171 Views
    • 2 Likes
    • 0 Dislikes
  • View All Zelio Legender 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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