Aprilia SR Storm EMI Calculator
Aprilia SR Storm EMI starts at Rs 3,842 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,19,342. 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 SR Storm. (Calculated on On Road Price in Delhi)
Aprilia SR Storm Down Payment and EMI
SR Storm Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
STD | 1,19,342 | Rs. 13,260 | Rs. 3,842 |
Calculate your Loan EMI for SR Storm
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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SR Storm 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 Aprilia SR Storm 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 Aprilia SR Storm 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. ₹1,19,602/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 119602 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,842/-
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 Aprilia SR Storm 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 Aprilia SR Storm 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.
Aprilia SR Storm User Reviews
- All 39
- Comfort 12
- Performance 11
- Looks 10
- Mileage 8
- Engine 7
- Suspension 5
- Experience 5
- More ...
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- Smooth handling and fuel economy
Adding color to my everyday commute has been the Aprilia SR Storm. With its 125cc engine, which provides the ideal balance of efficiency and power, every ride is pleasurable. My.....Read More
Was this review helpful?YesNo - Robust appearance and performance
First sighting of the Aprilia SR Storm was an exhilarating event. My eye was drawn to its tough and athletic look right away. I clicked right away with the bike, which seemed.....Read More
Was this review helpful?YesNo - Stylish and Efficient scooter
A natural force! At around 1.48 lakhs on-road, it is both economical and elegant. It gets 38 km/l, making it efficient and dependable. Its tough design and craftsmanship make it.....Read More
Was this review helpful?YesNo - Aprilia SR Storm is a Sporty Scooter
It's a head-turner for sure that's why I love this scooter. The Aprilia Storm is a maxi-scooter that offers impressive performance and Italian design. Mileage is on the lower side.....Read More
Was this review helpful?YesNo - Budget Friendly Option
I am using aprilia storm since last 7 months and I am having a good experience with this scooter. it has a sporty look and a durable built quality. I like it sitting position and.....Read More
Was this review helpful?YesNo - View All Aprilia SR Storm 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.