Everve EF1 standard EMI Calculator

EverveEf1 Standard EMI starts at ₹7,107 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹80,000.If you are Looking for a EverveEf1 Standard EMI calculator, try BikeJunction’s bike EMI calculator. Our bike EMI calculator gives you a complete break-up of the total monthly EMI payable for EverveEf1 Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of EverveEf1 Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for EverveEf1 Standard after reducing the down payment amount

Everve EF1 standard

Everve

Edit

EF1 standard

Down Payment

₹9,000

Bank Interest Rate

10 %

Loan Period (Months)
12
18
24
30
36
42
48
54
EMI

Per Month

₹1,721

Ex-Showroom Price

₹90,000

Total Loan Amount

₹81,000

Payable Amount

₹1,03,260

You’ll pay extra

₹22,260

Frequently asked questions

A. The EMI for EverveEf1 Standard depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for EverveEf1 Standard depends on the bank and lending institution. Generally, the interest rate ranges between 9.7% per annum to 15% per annum.

A. The ex-showroom price of EverveEf1 Standard in India is ₹ 90000.

A. For the down payment of 10000 at an interest rate of 12 % and if loan tenure is 12 months, the monthly EMI would be ₹7,107

A. The monthly EMI for EverveEf1 Standard can be calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. Here, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for EverveEf1 Standard.

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