Joy e-bike Mihos standard EMI Calculator

Joy E BikeMihos Standard EMI starts at ₹12,897 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹1,45,163.If you are Looking for a Joy E BikeMihos 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 Joy E BikeMihos Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of Joy E BikeMihos Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for Joy E BikeMihos Standard after reducing the down payment amount

Joy e-bike Mihos standard

Joy e-bike

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Mihos standard

Down Payment

₹15,516

Bank Interest Rate

10 %

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

Per Month

₹2,967
Ex-Showroom Price

₹1,55,163

Total Loan Amount

₹1,39,646

Payable Amount

₹1,78,020

You’ll pay extra

₹38,373

Frequently asked questions

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

A. The interest rate for Joy E BikeMihos 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 Joy E BikeMihos Standard in India is ₹ 155163.

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 ₹12,897

A. The monthly EMI for Joy E BikeMihos 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 Joy E BikeMihos Standard.

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