• English
  • Login / Register
Royal Enfield Shotgun 650 EMI Calculator

Royal Enfield Shotgun 650 EMI Calculator

Royal Enfield Shotgun 650 EMI starts at Rs 11,345 per month for a tenure of 36 months @6 for a loan amount of Rs 3,72,520. 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 Shotgun 650. (Calculated on On Road Price in Delhi)

 

Royal Enfield Shotgun 650 Down Payment and EMI

Shotgun 650 VariantsLoan @ 6%. Down paymentEMI (36 months)
Plasma Blue and Drill Green3,85,948Rs. 42,883Rs. 11,738
Stencil White3,83,128Rs. 42,570Rs. 11,642
Sheet Metal Grey3,72,520Rs. 41,391Rs. 11,345
Read More
Rs. 3.59 - 3.73 Lakh*
EMI starts from ₹ 11,345
View Finance Offers
*Ex-showroom Price in Delhi
Shortlist

Calculate your Loan EMI for Shotgun 650

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi
Get EMI offers
At BikeDekho, We can help you get the best deal on your loans.

Find EMI of Shotgun 650 Alternatives

Shotgun 650 EMI FAQs

What will be the lowest down payment for Royal Enfield Shotgun 650?

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 Royal Enfield Shotgun 650 includes the RTO and insurance charges.

What will be the monthly EMI for Royal Enfield Shotgun 650?

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 Royal Enfield Shotgun 650 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. ₹3,72,911/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 372911 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 11,345/-

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.

What will be the interest rate for Royal Enfield Shotgun 650?

The interest rate for Royal Enfield Shotgun 650 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.

What will be the EMI for 3 years tenure for Royal Enfield Shotgun 650?

EMI for Royal Enfield Shotgun 650 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.

Royal Enfield Shotgun 650 User Reviews

4.3/5
Based on69 User Reviews
Write a Review & Win ₹1000
Popular Mentions
  • All (69)
  • Engine (31)
  • Looks (27)
  • Power (18)
  • Comfort (12)
  • Seat (11)
  • Performance (11)
  • Price (10)
  • More ...
  • Latest
  • Most Helpful
  • A
    ayushman on Nov 15, 2024
    5.0
    It gives a good personality
    It gives a good personality to a rider,it has good mileage,it is having good performance and stylish bobber bike, excellent quality.
    Was this review helpful?
    YesNo
  • K
    kilpt on Nov 10, 2024
    4.7
    Bike details and pros
    Very good bike not too much heavy just like people are saying feeling like you are flying in the sky.
    Was this review helpful?
    YesNo
  • S
    saleem on Nov 08, 2024
    4.2
    good enough for your ride
    good enough for your ride to journey. feels good to handle and love the sound.. looks are great enough for riding
    Was this review helpful?
    YesNo
  • R
    rohit on Nov 07, 2024
    5.0
    Really it's amazing and worthy.
    Really it's amazing and worthy. I love this bike. Dream buy to another. I love post buy service. Recommending to buy
    Was this review helpful?
    YesNo
  • D
    deepak on Oct 27, 2024
    4.2
    Best bike in range of 4 lacks
    There is a good one product in a royal Enfield series but it's milage to low but it's capabilities are good
    Was this review helpful?
    YesNo
  • View All Royal Enfield Shotgun 650 Reviews

Best Roadster Bikes

Royal Enfield Shotgun 650 News

Top 10 Bikes in India

Shotgun 650 Price in India

Users Also Viewed

More Bike Options to Consider

Trending Royal Enfield Bikes

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.

Read More
*Ex-showroom Price in Delhi
×
We need your city to customize your experience