Hop Leo (Basic) EMI Calculator

HopLeo Basic EMI starts at ₹6,397 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹71,999.If you are Looking for a HopLeo Basic 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 HopLeo Basic. You just have to enter the down payment, preferred interest rate and the time period for the loan of HopLeo Basic. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for HopLeo Basic after reducing the down payment amount

Hop Leo (Basic)

Hop

Edit

Leo (Basic)

Down Payment

₹8,200

Bank Interest Rate

10 %

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

Per Month

₹1,568
Ex-Showroom Price

₹81,999

Total Loan Amount

₹73,799

Payable Amount

₹94,080

You’ll pay extra

₹20,280

Frequently asked questions

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

A. The interest rate for HopLeo Basic 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 HopLeo Basic in India is ₹ 81999.

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 ₹6,397

A. The monthly EMI for HopLeo Basic 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 HopLeo Basic.

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