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Royal Enfield Meteor EMI Calculator
Royal Enfield Meteor EMI starts at Rs 6,485 per month for a tenure of 36 months @6 for a loan amount of Rs 2,13,452. 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 Meteor 350. (Calculated on On Road Price in Delhi)
Royal Enfield Meteor Down Payment and EMI
Rs. 2.06 - 2.30 Lakh*
EMI starts from ₹ 6,485
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for Meteor 350
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
- On-Road PriceRs.2,37,169
- Total Loan AmountRs.213169
- Payable AmountRs.233460
- You’ll pay extraRs.20291
EMIper month
Rs6,485
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
Find EMI of Meteor 350 Alternatives
Meteor 350 EMI FAQs
Q) What will be the lowest down payment for Royal Enfield Meteor?
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 Meteor includes the RTO and insurance charges.
Q) What will be the monthly EMI for Royal Enfield Meteor?
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 Meteor 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. ₹2,13,169/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 213169 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 6,485/-
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 Meteor?
A) The interest rate for Royal Enfield Meteor 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 Meteor?
A) EMI for Royal Enfield Meteor 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 Meteor User Reviews
Based on207 User Reviews
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Popular Mentions
- All (207)
- Comfort (110)
- Looks (73)
- Engine (60)
- Performance (55)
- Mileage (49)
- Experience (47)
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- Great bike good mileage and comfortable ridingOverall a great bike for cruising doesn’t have much vibrations the seating posture and the gear level positioning is super and very comfortable for riding its a reliable motorcycle with retro styling which looks fabulous but it does sometimes have slight problems with the gear lever getting stuck for some seconds then automatically gets fixed next day one drawback is that the headlights are really really weak and not positioned properly they project upwards in sky rather than on roadRead MoreWas this review helpful?1
- This bike is great for touringThis bike is great for touring i mean it,I really found it be comfortable and riding posture is literally the best for me and it gives a performance and mileage( if you drive it under 40km/hr only for mileage) performance is great it has good pickup and decent speed, black colour looks really great on it.Read MoreWas this review helpful?
- Best for velue for moneyThe Meteor 350 excels in comfort, thanks to its well-padded seats and relaxed riding position. Its dual-cradle frame and 41mm telescopic forks in the front ensure a stable and smooth ride. The rear twin shock The LED DRL and retro-inspired design give it a distinctive charm.absorbers can handle bumps effectively, making it ideal for Indian roads.Read MoreWas this review helpful?
- The staffs were very kindThe staffs were very kind and warmly guided us through the entire buying process. The bike has great fuel economy around 26km/l mileage in highways and 21km/l on city roads. Although it's not very comfortable for long rides. I would highly recommend you all to try this out. Become my favourite bike. Built is also amazing.Read MoreWas this review helpful?
- Best Cruiser Bike of All TimeThe buying experience was very smooth and quick. The documentation work was done properly and no delay. The looks, comfort ,mileage of My model supernova Blue 350 was just extra ordinary. The riding experience was just awesome, and was easy to handle. Also did my first servicing of bike and it was awesome. I would recommend every age group for this bike anytime.Read MoreWas this review helpful?
- View All Royal Enfield Meteor 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.
*Ex-showroom Price in Delhi
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