Stella Moto scooters Finance
Stella Moto Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Stella Moto SA 2000 | Rs. 2,598 |
Stella Moto BUZZ | Rs. 2,864 |
Stella Moto scooters Finance Schemes
FAQs for Stella Moto Finance
How is Stella Moto scooter loan EMI calculated monthly?
Stella Moto 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 Stella Moto two wheeler loan?
To get your Stella Moto 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 Stella Moto Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Stella Moto 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 Stella Moto scooter. Down payment is the difference between the on-road price of the Stella Moto scooter and the amount funded by the lender.
What will be the rate of interest on a Stella Moto scooter finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Stella Moto two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Stella Moto Scooter News & Reviews
Stella Moto Scooters Further Research
Popular Stella Moto Two Wheelers
- Stella Moto SA 2000Rs 86,000 - 94,000*
- Stella Moto BUZZRs 95,000*