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GT Drive Pro EMI Calculator

GT Drive Pro EMI Calculator

GT Drive Pro EMI starts at Rs 2,598 per month for a tenure of 36 months @9.7 for a loan amount of Rs 80,874. 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 Drive Pro. (Calculated on On Road Price in Delhi)

 

GT Drive Pro Down Payment and EMI

Drive Pro VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD80,874Rs. 8,986Rs. 2,598
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Rs. 85,999*
EMI starts from ₹ 2,598
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Drive Pro

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.89,860
  • Total Loan AmountRs.80860
  • Payable AmountRs.93528
  • You’ll pay extraRs.12668
EMIper month
Rs2,598
Calculated on On Road Price in Delhi
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Drive Pro EMI FAQs

Q) What will be the lowest down payment for GT Drive Pro?
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 GT Drive Pro includes the RTO and insurance charges.
Q) What will be the monthly EMI for GT Drive Pro?
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 GT Drive Pro 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. ₹80,860/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 80860 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,598/- 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 GT Drive Pro?
A) The interest rate for GT Drive Pro 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 GT Drive Pro?
A) EMI for GT Drive Pro 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.

GT Drive Pro User Reviews

4.3/5
Based on3 User Reviews
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Popular Mentions
  • All (3)
  • Comfort (3)
  • Looks (1)
  • Seat (1)
  • Power (1)
  • Latest
  • M
    md on May 16, 2024
    4.8
    Comfortable for using
    Best design with comfortable seat etc this is the best scooter, i like this scooter my grandfather also like this, he say this scooter is very comfortable 😊😊
    Was this review helpful?
  • A
    anup on May 16, 2024
    3.0
    Power and comfort
    Good to ride but should more work in power and comfort and design also , so i request to make it good
    Was this review helpful?
  • K
    kanakam on May 14, 2024
    5.0
    Bike looks like a Wooowwww
    Bike looks like a Wooowwww 🔥 Its amazing and comfortable to seeted two members its a dam looks fire
    Was this review helpful?
  • View All GT Drive Pro Reviews

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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.

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*Ex-showroom Price in Delhi
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