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Okinawa Ridge EMI Calculator

Okinawa Ridge EMI Calculator

Okinawa Ridge EMI starts at Rs 2,146 per month for a tenure of 36 months @9.7 for a loan amount of Rs 66,432. 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 Ridge. (Calculated on On Road Price in Delhi)

 

Okinawa Ridge Down Payment and EMI

Ridge VariantsLoan @ 9.7%. Down paymentEMI (36 months)
1001,07,683Rs. 11,965Rs. 3,458
Plus ( With GPS )85,220Rs. 9,469Rs. 2,753
Plus (Without GPS)66,432Rs. 7,381Rs. 2,146
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Rs. 70,096 - 1.15 Lakh*
EMI starts from ₹ 2,146
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Ridge

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.73,813
  • Total Loan AmountRs.66813
  • Payable AmountRs.77256
  • You’ll pay extraRs.10443
EMIper month
Rs2,146
Calculated on On Road Price in Delhi
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Ridge EMI FAQs

Q) What will be the lowest down payment for Okinawa Ridge?
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 Okinawa Ridge includes the RTO and insurance charges.
Q) What will be the monthly EMI for Okinawa Ridge?
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 Okinawa Ridge 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. ₹66,813/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 66813 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,146/- 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 Okinawa Ridge?
A) The interest rate for Okinawa Ridge 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 Okinawa Ridge?
A) EMI for Okinawa Ridge 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 Ridge User Reviews

3.8/5
Based on46 User Reviews
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  • Latest
  • V
    vedansh on Jun 27, 2024
    4.8
    It's a very comfortable bike
    It's a very comfortable bike and she cost is affordable I suggest to purchase this bike looking wise best
    Was this review helpful?
  • B
    bhavin on Dec 01, 2023
    4.0
    Ridge offers a reliable and fashionable preface
    For riders of all art situations, the Okinawa Ridge offers a reliable and fashionable preface to electric commuting. It's an seductive and active electric scooter. It's a dishy option for Town trip because to its tasteful appearance, which includes strong plates and a canny sitting situation. The electric motor of the Ridge guarantees a quiet and comfortable lift, making it a reliable self-determination for standard commuting. This electric scooter is made with Okinawa's fidelity to quality and fineness in mind, feeding to riders seeking an tasteful and accessible electric result. Riders appearing for a hassle- free and delightful trip will detect the Ridge interesting as it's a hallmark of reliable and fashionable electric commuting.
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  • T
    tanya on Nov 21, 2023
    4.0
    The Pure Ev
    The Okinawa Ridge is a key feature of archetypal indulgence and operative running, furnishing a smooth transition between dexterity and faculty. Its archetypal appearance and quick electric motor make for an affable and accessible ride, while its useful innards and high-end amenities guarantee an opulent and sophisticated riding experience. Riders appearing for a reliable, traditional electric scooter with a hint of dateless fetish will detect the Okinawa Ridge's special 2-wheeler and slice bite features to be the ideal mix of refinement and use. It raises the bar for electric two-wheelers and demonstrates Okinawa's fidelity to give a comfortable, operative, and kindly antique riding experience.
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  • T
    tanya on Nov 02, 2023
    4.0
    Great Scooter In This Segment
    The Okinawa Ridge beckons you to discover an unknown home. This electric motor scooter may give an ultrapractical and effective boost for beginners to the megacity. Its swish and useful design attracts concentration. You may travel with confidence thanks to robust screen measures. Its range is surprising and it's plugged for lengthy passages through megacities. The primary argument I prize this model is its unanticipated capability, which makes it a great option for those looking for an electric scooter that can match their audacious personality. The two-wheeler electric motor is in excellent condition and has a remarkable range. It also looks surprising.
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  • J
    jagat on Oct 17, 2023
    4.0
    Fantastic Vehicle
    The Okinawa Ridge invites you to explore uncharted home. Civiccomers may enjoy a useful and operative lift on this electric motor scooter. It draws concentration because of its fashionable and ultrapractical project. Strong security features give you confidence while on your passages. It's full of long megacity passages and has a fantastic range. The main procurator in my treasuring the model is its surprising capacity to give, making it a good pick for individualities appearing for an electric motor scooter that can keep up with their spirit of adventure. The electric motor two-wheeler is in great shape and has an amazing range. And it looks fantastic.
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  • View All Okinawa Ridge 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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