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Hero Splendor Plus EMI Calculator
Hero Splendor Plus EMI starts at Rs 2,587 per month for a tenure of 36 months @9.7 for a loan amount of Rs 80,583. 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 Splendor Plus. (Calculated on On Road Price in Delhi)
Hero Splendor Plus Down Payment and EMI
| Splendor Plus Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 01 Edition | 83,309 | Rs. 9,257 | Rs. 2,685 |
| Black and Accent | 81,823 | Rs. 9,091 | Rs. 2,632 |
| Self with Alloy Wheel and i3S | 81,823 | Rs. 9,091 | Rs. 2,632 |
| Self with Alloy Wheel | 80,583 | Rs. 8,954 | Rs. 2,587 |
Rs. 77,176 - 79,926*
EMI starts from ₹ 2,587
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for Splendor Plus
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.89,537
- Total Loan AmountRs.80537
- Payable AmountRs.93132
- You’ll pay extraRs.12595
EMIper month
Rs2,587
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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Splendor Plus EMI FAQs
Q) What will be the lowest down payment for Hero Splendor Plus?
A) 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 Hero Splendor Plus includes the RTO and insurance charges.
Q) What will be the monthly EMI for Hero Splendor Plus?
A) 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 Hero Splendor Plus 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. ₹80,537/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 80537 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,587/-
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.
Q) What will be the interest rate for Hero Splendor Plus?
A) The interest rate for Hero Splendor Plus 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.
Q) What will be the EMI for 3 years tenure for Hero Splendor Plus?
A) EMI for Hero Splendor Plus 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.
Hero Splendor Plus User Reviews
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- Mileage (688)
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- Splendor reviewNice good commuter bike with great milesge it's good for city commutes as well as we can go long rides as well it's best bike I have ever used it has very low maintenance and cost spares is also cheap every mechanic knows to repair this bike so we can take it for long rides as well we can enjoy 60kmph cruising speedRead MoreWas this review helpful?
- Milaga ka baadThanks for the A2A. Do everything smoothly. Accelerating and braking Reduce speed by reducing throttle Do not lug the engine( Ride on a higher gear ). ie. Ride on the proper gear Keep the rpm in the economy range Maintain your tires and tire pressure Change your engine oil at regular intervals Adjust and lube your chain properly Check for misalignment of your sprockets Never ride with the brake lever depressed. Also ever rest your foot on the back brake. Do not use the clutch unnecessarily. Do not use unnecessary modifications on the bike Reduce the weight the bike carries Service the bike regularly and replace parts on time Hope this helps.Read MoreWas this review helpful?
- The OG of all the bikes(Lord Splendor)Overall the bike is good and provides very good mileage and also the maintenance also is also very cost efficient and gives the best performance than any other 125 cc bikes but in comfort point of view it should be done better and gives as overall average look ,this type of bikes are very cost effective ,one can buy it very happily if you are planningRead MoreWas this review helpful?
- Milage and serviceNice and having a good milage amd service cost is low. Having it for moee than 2years and i am. Fully satisfied They are having new models and colours.. And thats good.. Thanks to hero for keeping the same design for more than 25years.. And i am much satisfied and thankful.. Good gob hero motocopRead MoreWas this review helpful?
- Very beautiful bikeVery beautiful bike and comfortable for riding very very best bike i have ever riding and it's milage is very best and good to compare other bikes so I recommend buy best bike in this generation and this bike will suitable for all works and whatever work you will buy this wonderful and beautiful bikeRead MoreWas this review helpful?
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Disclaimer :
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.
*Ex-showroom Price in Delhi
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