Numeros Motors scooters Finance
Numeros Motors Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Numeros Diplos i-pro | Rs. 4,683 |
Numeros Diplos Pro | Rs. 4,205 |
Numeros Motors scooters Finance Schemes
FAQs for Numeros Motors Finance
How is Numeros Motors scooter loan EMI calculated monthly?
Numeros Motors scooter loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI 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.
Which documents I need to have to apply for a Numeros Motors two wheeler loan?
To get your Numeros Motors scooter loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
What will be the minimum down payment for a Numeros Motors Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Numeros Motors two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the Numeros Motors scooter. Down payment is the difference between the on-road price of the Numeros Motors scooter and the amount funded by the lender.
What will be the rate of interest on a Numeros Motors scooter finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Numeros Motors two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Numeros Motors Scooters Further Research
Popular Numeros Motors Two Wheelers
- Numeros Motors Diplos ProRs 1.37 Lakh*
- Numeros Motors Diplos i-proRs 1.53 Lakh*