Birla DMS EMI Calculator
Birla DMS EMI starts at Rs 4,846 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,51,043. 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 DMS. (Calculated on On Road Price in Delhi)
Birla DMS Down Payment and EMI
Calculate your Loan EMI for DMS
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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DMS 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 Birla DMS 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 Birla DMS 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. ₹1,50,826/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 150826 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,846/-
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 Birla DMS 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 Birla DMS 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.
Birla DMS User Reviews
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- Experience 1
- Price 1
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- Very nice overall experience at
Very nice overall experience at this price range out of 5 stars from my side. I'll purchase this bike when available.
Was this review helpful?YesNo - Super duper
It's so awesome bike as I experienced it nice battery life and backup .Having fast charging pod in this
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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.