Royal Enfield Hunter 350 EMI Calculator
Royal Enfield Hunter 350 EMI starts at Rs 5,074 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,57,431. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your Hunter 350. (Calculated on On Road Price in Delhi)
Royal Enfield Hunter 350 Down Payment and EMI
Hunter 350 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
Metro Rebel | 1,84,199 | Rs. 20,467 | Rs. 5,933 |
Metro | 1,79,285 | Rs. 19,921 | Rs. 5,757 |
Retro | 1,57,431 | Rs. 17,492 | Rs. 5,074 |
Calculate your Loan EMI for Hunter 350
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Find EMI of Hunter 350 Alternatives
Hunter 350 EMI FAQs
The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Royal Enfield Hunter 350 includes the RTO and insurance charges.
EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Royal Enfield Hunter 350 can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹1,57,923/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 157923 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 5,074/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.
The interest rate for Royal Enfield Hunter 350 primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.
EMI for Royal Enfield Hunter 350 for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.
Royal Enfield Hunter 350 User Reviews
- All 442
- Comfort 161
- Performance 149
- Looks 141
- Engine 124
- Mileage 97
- Power 96
- Price 71
- More ...
- Latest
- Most Helpful
- Got a very comfortable ride
Got a very comfortable ride so far enjoyed long as well as in city tours and it had always been the great ride, coming to looks it's has a classic look depends on your color.....Read More
Was this review helpful?YesNo - Very good achcha
Very very good bike executive well performance hudge kya h bahut ji sundar h hmko chahiy kitna me aayega bolen 👍
Was this review helpful?YesNo - Best bike of Royal Enfield
Best bike of Royal Enfield in this price range bcz, There is 350 cc engine in this and most attractive colors are available in large number of variants
Was this review helpful?YesNo - Best bike ever
This bike has great features so this is not only a bike this is feature hamper and also styling dude
Was this review helpful?YesNo - Great performance
Great performance in the segment and good mileage for a 350cc engine. Very nice sitting posture that complements the comfort.
Was this review helpful?YesNo - View All Royal Enfield Hunter 350 Reviews
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Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.