Merico Eagle 100 (6.0) standard EMI Calculator

MericoEagle 100 60 Standard EMI starts at ₹3,534 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹39,781.If you are Looking for a MericoEagle 100 60 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 MericoEagle 100 60 Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of MericoEagle 100 60 Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for MericoEagle 100 60 Standard after reducing the down payment amount

Merico Eagle 100 (6.0) standard

Merico

Edit

Eagle 100 (6.0) standard

Down Payment

₹4,978

Bank Interest Rate

10 %

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

Per Month

₹951
Ex-Showroom Price

₹49,781

Total Loan Amount

₹44,802

Payable Amount

₹57,060

You’ll pay extra

₹12,257

Frequently asked questions

A. The EMI for MericoEagle 100 60 Standard depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for MericoEagle 100 60 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 MericoEagle 100 60 Standard in India is ₹ 49781.

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 ₹3,534

A. The monthly EMI for MericoEagle 100 60 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 MericoEagle 100 60 Standard.

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