Indian Roadmaster Classic standard EMI Calculator

IndianRoadmaster Classic Standard EMI starts at ₹3,33,921 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹37,58,310.If you are Looking for a IndianRoadmaster Classic 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 IndianRoadmaster Classic Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of IndianRoadmaster Classic Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for IndianRoadmaster Classic Standard after reducing the down payment amount

Indian Roadmaster Classic standard

Indian

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Roadmaster Classic standard

Down Payment

₹3,76,831

Bank Interest Rate

10 %

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

Per Month

₹72,058
Ex-Showroom Price

₹37,68,310

Total Loan Amount

₹33,91,479

Payable Amount

₹43,23,480

You’ll pay extra

₹9,32,001

Frequently asked questions

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

A. The interest rate for IndianRoadmaster Classic 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 IndianRoadmaster Classic Standard in India is ₹ 3768310.

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 ₹3,33,921

A. The monthly EMI for IndianRoadmaster Classic 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 IndianRoadmaster Classic Standard.

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