Yamaha bikes Finance
Yamaha Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Yamaha MT 15 V2.0 | Rs. 5,442 |
Yamaha R15 V4 | Rs. 5,910 |
Yamaha FZS-FI V4 | Rs. 4,459 |
Yamaha R15S | Rs. 5,706 |
Yamaha Aerox 155 | Rs. 5,170 |
Yamaha bikes Finance Schemes
FAQs for Yamaha Finance
How is Yamaha bike loan EMI calculated monthly?
Yamaha bike 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 Yamaha two wheeler loan?
To get your Yamaha bike 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 Yamaha Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Yamaha 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 Yamaha bike. Down payment is the difference between the on-road price of the Yamaha bike and the amount funded by the lender.
What will be the rate of interest on a Yamaha bike finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Yamaha two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
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Popular Yamaha Two Wheelers
- Bikes
- Scooters
- Yamaha MT 15 V2.0Rs 1.68 - 1.73 Lakh*
- Yamaha R15 V4Rs 1.83 - 2.08 Lakh*
- Yamaha FZS-FI V4Rs 1.30 Lakh*
- Yamaha R15SRs 1.66 Lakh*
- Yamaha FZS-FI V3Rs 1.22 - 1.23 Lakh*
- Yamaha Aerox 155Rs 1.48 - 1.51 Lakh*
- Yamaha RayZR 125 Fi HybridRs 85,030 - 98,130*
- Yamaha Fascino 125 Fi HybridRs 79,900 - 94,530*