Evolet Derby EMI Calculator

Evolet Derby EMI starts at ₹5,775 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹64,999. If you are Looking for a Evolet Derby 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 Evolet Derby. You just have to enter the down payment, preferred interest rate and the time period for the loan of Evolet Derby. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for Evolet Derby after reducing the down payment amount.

Calculate Loan EMI

Evolet Derby

Evolet

Edit

Derby Classic

₹1,434EMI For 5 years
Loan amount :₹67,499

Down Payment

₹ 0

₹ 56249

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmountInterestBalance
6₹67,499₹1,981₹69,480
12₹67,499₹3,709₹71,208
24₹67,499₹7,237₹74,736
36₹67,499₹10,909₹78,408
48₹67,499₹14,629₹82,128
60₹67,499₹18,541₹86,040

 Disclaimer: The calculation performed by EMI Calculator is based on the information you entered and is for illustrative purposes only. This calculation reflects amounts in Indian Rupee rounded to the nearest whole figure. Estimated monthly payments DO NOT include any processing or other possible fees which may depend on the financial institution / banks. All loan figures are based upon non-commercial usage and are subject to credit approval from an independent lending source. Actual down payment and resulting monthly payments may vary depending upon type and use of vehicle, regional lender requirements, and the strength of your credit. Check with your dealer for exact monthly payment.


Bank NameBanksInterest
ICICI ICICI 9% p.a. onwards
YesYes9% p.a. onwards
HDFCHDFC9% p.a. onwards

Frequently asked questions

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

A. The interest rate for Evolet Derby 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 Evolet Derby in India is ₹ 74999.

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 ₹5,775

A. The monthly EMI for Evolet WDerby 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 Evolet Derby.

Tools and Services