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Piaggio Ape NXT Plus EMI Calculator
2.36 Lakh*
EMI Starts @ ₹3,814/month
Calculate your Loan EMI for Piaggio Ape NXT Plus
Ex-Showroom Price ₹2,36,000*
Calculate your Loan EMI for Piaggio Ape NXT Plus Change Model
Piaggio Ape NXT Plus EMI
EMI starting from
₹ 0 per month
Principal Amount
₹ 2,12,400
Interest Amount
₹ 0
₹ 0
₹23,600
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.
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Piaggio Ape NXT Plus Loan EMI Calculator
Piaggio Ape NXT Plus Loan EMI starts at ₹ 3814 per month with a down payment of ₹ 23,600 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 Ape NXT Plus. That will give you a detail insights of your purchase.
Piaggio Ape NXT Plus Down Payment and EMI
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(84 MONTHS) |
|---|---|---|---|
| Piaggio Ape NXT Plus | 12.57% | ₹ 23,600 | ₹ 3,814 |
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FAQs about Ape NXT Plus EMI
Following documents are required for Piaggio Ape NXT Plus loan :
- Identity Proof
- Address Proof
- Income Proof
- Bank Statements
- Vehicle Details
- Business Proof
- Photographs
To calculate the Equated Monthly Installment (EMI) for a Piaggio Ape NXT Plus, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Piaggio Ape NXT Plus 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
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