The first thing that comes to mind when it comes to India’s most popular retro style bikes is the Royal Enfield Classic 350. The bike is the best-selling model of the company due to its comfortable riding, design and solemn sound of the engine. Its monthly sales volume is even higher than the combined sales of other Royal Enfield models. Many people dream of buying a Royal Enfield Classic 350,
but it is not possible because of the high price. So, in this report you will get an idea of how much you may have to pay down payment and monthly installment if you want to buy the bike in EMI.
Classic 350 available in single and dual channel ABS. Single channel red ditch Sage Green, Red ditch gray and red ditch Red have an on-road price of Rs 2,10,618 in Delhi. If the down payment is 20,000, the loan repayment period is 3 years and the interest rate is 10%, then the monthly installment amount is 8,154 rupees.
On the other hand, Halcyon Gray, Halcyon Green and Halcyon Black with dual ABS have an on-road price of Rs 2,20,556 in Delhi. With a down payment of Rs. 22,000, the monthly installment stands at Rs. The Signals Marsh Gray and Signals Desert Sand models cost Rs 2,33,210. If you make a down payment of Rs 23,000 for this, the amount of EMI is Rs 8,83.
For Dark Stealth Black and Gunmetal Gray with an on-road price of Rs. 2,41,196, an EMI of Rs. On the other hand, Chrome Red and Chrome Bronze are priced at Rs 2,45,308. In this case, if you make a down payment of Rs 25,000, the monthly installment amount will be Rs 8,109.
Note that interest rates may go up or down depending on the bank. Meanwhile the down payment and loan repayment deadline depends on the customer. So, EMI is discussed above over a period of time and the amount of down payment.