Calculate your Loan EMI for Dual 100
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Dual 100 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 Okinawa Dual 100 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 Okinawa Dual 100 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. ₹1,33,317/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 133317 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,283/-
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 Okinawa Dual 100 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 Okinawa Dual 100 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.
Okinawa Dual 100 User Reviews
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- okinawa dual 100 is a point rich useful scooterThe okinawa dual 100 is a point rich useful electric scooter that makes standard issue expedition more enjoyable it s the first of its kind in the electric agent request its.....Read MoreWas this review helpful?YesNo
- A Rеliablе Elеctric ScootеrOkinawa Dual 100 is a rеliablе еlеctric scootеr, offеring commеndablе pеrformancе and convеniеncе. Its dual-motor systеm providеs amplе powеr, еnsuring smooth.....Read MoreWas this review helpful?YesNo
- Great PerformanceThe Okinawa Dual 100 has become my commissioned accompaniment for its rapid-fire interpretation and eco-friendly construction, making it an ideal liberty for my diurnal.....Read MoreWas this review helpful?YesNo
- The Good PickThe Okinawa Dual 100 is a key feature of utility and forcefulness, furnishing a reliable and environmentally responsible ride for a range of transportation conditions. It offers a.....Read MoreWas this review helpful?YesNo
- Awesome ExperienceI bought the Okinawa Dual 100 E-Scooter a few months ago and I am writing this review after riding this e-scooter regularly. The dual hundred provides a very reliable and.....Read MoreWas this review helpful?YesNo
- View All Okinawa Dual 100 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.