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Royal Enfield Classic 350 EMI Calculator
Royal Enfield Classic 350 EMI starts at Rs 6,078 per month for a tenure of 36 months @6 for a loan amount of Rs 1,99,624. 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 Classic 350. (Calculated on On Road Price in Delhi)
Royal Enfield Classic 350 Down Payment and EMI
| Classic 350 Variants | Loan @ 6%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Heritage Premium | 2,09,196 | Rs. 23,244 | Rs. 6,372 |
| Heritage | 2,04,754 | Rs. 22,751 | Rs. 6,221 |
| Halcyon | 2,02,434 | Rs. 22,493 | Rs. 6,173 |
| Redditch | 1,99,624 | Rs. 22,181 | Rs. 6,078 |
| Chrome | 2,34,862 | Rs. 26,096 | Rs. 7,148 |
| Dark | 2,29,927 | Rs. 25,547 | Rs. 6,981 |
| Signals | 2,21,042 | Rs. 24,560 | Rs. 6,711 |
Rs. 1.93 - 2.30 Lakh*
EMI starts from ₹ 6,078
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for Classic 350
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.2,21,805
- Total Loan AmountRs.199805
- Payable AmountRs.218808
- You’ll pay extraRs.19003
EMIper month
Rs6,078
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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Classic 350 EMI FAQs
Q) What will be the lowest down payment for Royal Enfield Classic 350?
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 Royal Enfield Classic 350 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Royal Enfield Classic 350?
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 Royal Enfield Classic 350 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. ₹1,99,805/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 199805 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,078/-
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 Royal Enfield Classic 350?
A) The interest rate for Royal Enfield Classic 350 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 Royal Enfield Classic 350?
A) EMI for Royal Enfield Classic 350 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 Classic 350 User Reviews
Based on481 User Reviews
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Popular Mentions
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- Royal Enfield ClassicRoyal Enfield Classic 350 is more than just a motorcycle; It's a price of motorcycling history That seamlessly blends Modern Engineering with time less Designed for those who value the journey as much as the destination, the classic 350 stander out as an icon of style, comfort, and reliability, and performanceRead MoreWas this review helpful?1
- Bike health insurance very goodIt's a very good bike, over all it's a most famous bike and loved by all I think that it's a best bike in a india because of there are no one bike for compare with classic 350 chrome, it's a comfortable, it's a very faster than any other road bike, when it will make for sports than it will be faster than any other sports bikeRead MoreWas this review helpful?
- Amazing bikeThis bike is awesome and very comfortable superb quality bike many features are available in this bike this bike is very comfortable and the height of the bike is quite impressive and the headlight backlight and other lights adjustment are very good overall this bike is value for money I enjoy riding this bike.Read MoreWas this review helpful?
- Royal enfield Classic 350The Classic 350 is a characterful motorcycle that prioritizes style and experience over sheer performance. It's perfect for those who enjoy leisurely rides and appreciate the classic motorcycle aesthetic. And I like this bike a lot because in our Bihar there is a different craze for Royal Enfield. This is the 3rd Royal Enfield bike in my family. My grandfather also own Royal Enfield classic old model and my father own royal enfield classic 350. The riding experience with my classic 350 is good even for long journeys but it vibrates at high speeds, no doubt, and riding it on rough surfaces is also difficult as compared to other bikes. My classic 350 also gives decent mileage, but I don't use this bike for mileage, I use it for fun. and if you regularly do servicing and maintenance then you will not face any problem in its performance and the bike will also remain in good condition.This is my review about Classic 350Read MoreWas this review helpful?
- Hello all, I bought thisHello all, I bought this bike last year in Dec and since that I am rode about 12000 km. Overall it was a nice experience. The bike is very comfortable to ride in a city. I also rode this bike on nearby off-road area and I enjoyed that experience very much. Mileage is about 35 kmpl. That is good for mighty 350 cc bikes compared with competitors bikes.Read MoreWas this review helpful?
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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.
*Ex-showroom Price in Delhi
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