Hero Electric AE-47 Standard EMI Calculator

Hero ElectricAe 47 Standard EMI starts at ₹12,438 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹1,40,000.If you are Looking for a Hero ElectricAe 47 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 Hero ElectricAe 47 Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of Hero ElectricAe 47 Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for Hero ElectricAe 47 Standard after reducing the down payment amount

Hero Electric AE-47 Standard

Hero Electric

Edit

AE-47 Standard

Down Payment

₹15,000

Bank Interest Rate

10 %

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

Per Month

₹2,868
Ex-Showroom Price

₹1,50,000

Total Loan Amount

₹1,35,000

Payable Amount

₹1,72,080

You’ll pay extra

₹37,080

Frequently asked questions

A. The EMI for Hero ElectricAe 47 Standard depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for Hero ElectricAe 47 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 Hero ElectricAe 47 Standard in India is ₹ 150000.

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 ₹12,438

A. The monthly EMI for Hero ElectricAe 47 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 Hero ElectricAe 47 Standard.

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