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Piaggio Ape Xtra HT EMI Calculator
2.25 Lakh*
EMI Starts @ ₹3,637/month
Calculate your Loan EMI for Piaggio Ape Xtra HT
Ex-Showroom Price ₹2,25,000*
Calculate your Loan EMI for Piaggio Ape Xtra HT Change Model
Piaggio Ape Xtra HT EMI
EMI starting from
₹ 0 per month
Principal Amount
₹ 2,02,500
Interest Amount
₹ 0
₹ 0
₹22,500
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 Xtra HT Loan EMI Calculator
Piaggio Ape Xtra HT Loan EMI starts at ₹ 3637 per month with a down payment of ₹ 22,500 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 Xtra HT. That will give you a detail insights of your purchase.
Piaggio Ape Xtra HT Down Payment and EMI
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(84 MONTHS) |
|---|---|---|---|
| Piaggio Ape Xtra HT | 12.57% | ₹ 22,500 | ₹ 3,637 |
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FAQs about Ape Xtra HT EMI
Following documents are required for Piaggio Ape Xtra HT 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 Xtra HT, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Piaggio Ape Xtra HT 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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