Merico Fashia standard EMI Calculator

MericoFashia Standard EMI starts at ₹4,558 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹51,311.If you are Looking for a MericoFashia 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 MericoFashia Standard. You just have to enter the down payment, preferred interest rate and the time period for the loan of MericoFashia Standard. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for MericoFashia Standard after reducing the down payment amount

Merico Fashia standard

Merico

Edit

Fashia standard

Down Payment

₹6,131

Bank Interest Rate

10 %

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

Per Month

₹1,172
Ex-Showroom Price

₹61,311

Total Loan Amount

₹55,179

Payable Amount

₹70,320

You’ll pay extra

₹15,140

Frequently asked questions

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

A. The interest rate for MericoFashia 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 MericoFashia Standard in India is ₹ 61311.

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 ₹4,558

A. The monthly EMI for MericoFashia 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 MericoFashia Standard.

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