Indian Roadmaster Elite EMI Calculator

Indian Roadmaster Elite EMI starts at ₹4,25,585 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹47,90,000. If you are Looking for a Indian Roadmaster Elite 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 Indian Roadmaster Elite. You just have to enter the down payment, preferred interest rate and the time period for the loan of Indian Roadmaster Elite. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for Indian Roadmaster Elite after reducing the down payment amount.

Calculate Loan EMI

Indian Roadmaster Elite

Indian

Edit

Roadmaster Elite standard

₹91,787EMI For 5 years
Loan amount :₹43,20,000

Down Payment

₹ 0

₹ 3600000

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmountInterestBalance
6₹43,20,000₹1,26,870₹44,46,870
12₹43,20,000₹2,37,552₹45,57,552
24₹43,20,000₹4,64,304₹47,84,304
36₹43,20,000₹6,98,184₹50,18,184
48₹43,20,000₹9,39,168₹52,59,168
60₹43,20,000₹11,87,220₹55,07,220

 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 Indian Roadmaster Elite depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for Indian Roadmaster Elite 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 Indian Roadmaster Elite in India is ₹ 4800000.

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 ₹4,25,585

A. The monthly EMI for Indian WRoadmaster Elite 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 Indian Roadmaster Elite.

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