How can I get EMI from Royal Enfield?

How can I get EMI from Royal Enfield?

Classic 350 EMI Calculation

  1. Ex-showroom. : Rs. 1,84,374.
  2. Loan amount. : Rs. 1,65,936 (90 \% of Ex-showroom)
  3. Down payment. : Rs. 54,484 (On-road + Processing fees + EMI – Loan amount)
  4. Monthy EMI. : Rs. 5,312 (For Tenure of 36 months @ 9.45\%)
  5. Insurance. : Rs. 8,635 (Check Classic 350 Insurance)

Does Royal Enfield provide finance?

Owning a Royal Enfield was never easier. Ride home Royal Enfield with our exciting finance options on motorcycles, gear and accessories at the best rates, with minimum documentation and easy EMI repayment options.

Which is the best Colour for Bullet Classic 350?

Royal Enfield Classic 350 BS6: Which Colour To Pick?

  • Stormrider Sand: The Signals Stormrider Sand paint scheme has a charm of its own, but is it really worth it?
  • Airborne Blue: Airborne Blue does make a compelling case for itself, unlike the previous livery.
  • Gunmetal Grey:
  • Chrome:
  • Stealth Black:
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Is EMI and downpayment same?

Down Payment is a payment option available on select products, using which, you can pay 25\% of the product price at the time of purchase and convert the balance amount into EMI on your credit card. You will have to pay the Down Payment and the first EMI installment in the next billing cycle of your credit card.

What is bullet EMI scheme?

– Bullet Scheme. Balloon Scheme, also known as Step-up Scheme in which Car Loan EMI Changes every year. Depending on your Income level – Banks will offer flexibility by offering say x Emi in 1st year and then on further years your EMI will increase by X+10\%

What is the maximum down payment on a bike?

It ranges from 15-30\%* of the two-wheeler value. Down payment solely depends on the cost of the bike and your repayment capacity. It is advisable to pay some amount as down payment for availing lower EMIs on bike loan. Down payment also depends on your source of income and what kind of bike you plan to purchase.

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Is stealth black available in 350?

Royal Enfield introduced two new colour variants of its classic motorcycle, Classic-Gunmetal Grey in 350cc and Stealth Black in the 500cc. The motorcycle will be available at an on-road price of Rs. 1, 59,677 for Classic 350 cc Gunmetal Grey and Rs. 2, 05,213 for Classic 500 cc Stealth Black in Chennai.

How much is the down payment for Royal Enfield Bullet 350?

Royal Enfield is currently offering the Bullet 350 at a down payment of just Rs 15,000, while the Classic 350 can be yours with a down payment of Rs 20,000.

How to calculate EMI for Royal Enfield Classic 350 for 3 years?

EMI for Royal Enfield Classic 350 for 3 years tenure can be calculated as per the following formula:- 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. 2020 Royal Enfield classic 350 bike is super. Added tubeless tire for gunmetal grey and stealth black.

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What is the minimum monthly instalment for Royal Enfield loan?

In addition, Royal Enfield has also reduced EMIs for the first three months. The minimum monthly instalment for a loan amount of Rs 10,000 for a minimum time period of 12 months is Rs 922.

What is the Body Party of 2021 Royal Enfield Classic 350?

The body party of 2021 Royal Enfield Classic 350 comprises of both plastic and metal. For example, switchgear is made of high-quality plastic whereas the fuel tank is made of metal. Q. Since RE Classic New Gen 350 is on launch pad soon, does RE have plans to bring RE Bullet New Gen?

By: AdminPosted on