Calculate your Loan EMI for Freedom 125
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Freedom 125 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 Bajaj Freedom 125 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 Bajaj Freedom 125 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. ₹98,167/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 98167 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,154/-
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 Bajaj Freedom 125 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 Bajaj Freedom 125 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.
Bajaj Freedom 125 User Reviews
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- Best option for middle class.Very good milage with safety also. Best option for middle class. It gives more milage then other ones with superb performanceWas this review helpful?YesNo
- Dream BikeI Think is the best option for all indian save your money because that time is not possible save your money one of the best option save your moneyWas this review helpful?YesNo
- Best and classic bikeThe bike is good and average is also mind blowing with a good comfort level and attractive look to compete with other bikes of same segmentWas this review helpful?YesNo
- The experience and rangeBhut aacha experience raha hai abhi tak ka Mere bhut paise Bach rahe hai isski mileage range awesome hai this best bike for city ridesWas this review helpful?YesNo
- Bike feacher bike mailing bike looking all bestBike looking smart bike feacher very very good bike. Bike rewaiw ratings 05 Every bike fishers all most very good bike looking very good 👍Was this review helpful?YesNo
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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.