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Komaki XGT VP EMI Calculator
Komaki XGT VP EMI starts at Rs 1,888 per month for a tenure of 36 months @9.7 for a loan amount of Rs 59,203. 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 XGT VP. (Calculated on On Road Price in Delhi)
Komaki XGT VP Down Payment and EMI
| XGT VP Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 51 V, 33 Ah | 79,669 | Rs. 8,852 | Rs. 2,555 |
| 60 V, 28 Ah | 59,203 | Rs. 6,578 | Rs. 1,888 |
Calculate your Loan EMI for XGT VP
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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XGT VP 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 Komaki XGT VP 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 Komaki XGT VP 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. ₹58,781/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 58781 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,888/-
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 Komaki XGT VP 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 Komaki XGT VP 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.
Komaki XGT VP User Reviews
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- Price (3)
- Seat (2)
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- Experience (1)
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- Power (1)
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- Komaki scooterVery good, scooter in low price, good speed in electric two wheeler , safety features are very good, seat capacity comfortableWas this review helpful?YesNo
- Great ExperienceGot the Komaki XGT-VP in white, and its pure class, sleek design, and stylish appearance make it a head-turner. Loving the classy vibes of this scooter, a fantastic choice for.....Read MoreWas this review helpful?YesNo
- Best scooterMy impression of the Komaki XGT VP is great. It stands out because of its cutting-edge technology, which includes smart dash and reverse assist, together with its classic beauty......Read MoreWas this review helpful?YesNo
- Komaki XGT VP - A Winning Ride!The Komaki XGT VP is a fantastic electric scooter, priced between 62,305 and 84,681. Powered by various battery options, it offers versatility. With a top speed of 25 mph and.....Read MoreWas this review helpful?YesNo
- It Will Last LongThe Komaki XGT VP receives lots of thumbs up for its looks and riding experience. Considering its price, it's pretty good overall. If you maintain it well, it will last long.Was this review helpful?YesNo
- View All Komaki XGT VP Reviews
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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.