Calculate your Loan EMI for 2024 Destini 125
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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2024 Destini 125 EMI FAQs
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 2024 Hero Destini 125 includes the RTO and insurance charges.
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 2024 Hero Destini 125 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. ₹/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,602/-
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.
The interest rate for 2024 Hero Destini 125 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.
EMI for 2024 Hero Destini 125 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.
2024 Hero Destini 125 User Reviews
- All (4)
- Price (3)
- Mileage (2)
- Parts (1)
- Suspension (1)
- Seat (1)
- Color (1)
- Comfort (1)
- Latest
- Most Helpful
- Find it worthy for priceFind it worthy for price to be paid, and best part is seat backholder. It's adding advantage over any other featuresWas this review helpful?YesNo
- it is a very greatit is a very great and a nice scooter with nice suspension ,comfort and mileage it very relaiable and color theme is also niceWas this review helpful?YesNo
- After buy then .....Good mileage.stylis is very good and please hero price ko affordable rakna kyun ki sab log isse kharid saken.Was this review helpful?YesNo
- Is a amazing sccoter butIs a amazing sccoter but price is to large and featured is good and also digital scooty and design is goodWas this review helpful?YesNo
- View All 2024 Hero Destini 125 Reviews
2024 Hero Destini 125 News
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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.