Ad
Ad

1.91 Lakh*
EMI Starts @ ₹3,085/month
Ex-Showroom Price ₹1,90,890*
EMI starting from
₹ 0 per month
Principal Amount
₹ 1,71,801
Interest Amount
₹ 0
₹ 0
₹19,089
12.57%
84
*Processing fee and other loan charges are not included.
Disclaimer:- Applicable rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.
Ad
Ad
Bajaj Riki P4005 Loan EMI starts at ₹ 3085 per month with a down payment of ₹ 19,089 for 84 months tenure at the interest rate of 12.57% (depends upon the bank). You can choose the EMI options for the given loan amount on quarterly, half-yearly, and yearly basis. Note that each option will alter the amount of EMI payment.
Our CMV360 EMI Calculator tool helps you to break down the total payable amount and to find the best three wheeler finance options for your Riki P4005. That will give you a detail insights of your purchase.
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(84 MONTHS) |
|---|---|---|---|
| Bajaj Riki P4005 | 12.57% | ₹ 19,089 | ₹ 3,085 |
Following documents are required for Bajaj Riki P4005 loan :
To calculate the Equated Monthly Installment (EMI) for a Bajaj Riki P4005, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Bajaj Riki P4005 EMI Calculation: The formula for calculating EMI is as follows:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
EMI: Equated Monthly Installment
P: Principal loan amount (the loan amount)
R: Monthly interest rate (annual rate divided by 12 and expressed as a decimal)
N: Loan tenure in months
Ad
Ad