Hero Passion iSmart Bike EMI calculator

Ex-showroom Price of Hero Passion iSmart : ₹ 60,000
Loan Amount : ₹ 51,000
Down Payment : ₹ 9,000

Document Charges :
Processing Fee : ₹ 638
MonthsEMIChart
12₹ 4,605View Chart
24₹ 2,506View Chart
36₹ 1,814View Chart
48₹ 1,473View Chart
60₹ 1,273View Chart
72₹ 1,143View Chart
84₹ 1,053View Chart

Most likely permissible loan tenure for two wheelers under 2 lakhs is 3 years only. Period mentioned in blue and red won't eligible for two wheeler loans with most banks/NBFCs

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Hero Passion iSmart Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Hero Passion iSmart bike.
Option 3) Enter the desired amount and desired interest rate of Hero Passion iSmart bike to know the emi and finance option.

EMI for the bike you want
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EMI with rate you wish
You can change the price as per your requirement.
You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears

To get finance for Hero Passion iSmart Click Here Check On Road Price

Total Interest Amount is ₹ 4,254 for the loan amount of ₹ 51,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 4,605₹ 692₹ 3,913₹ 42,482
2Jun-2022₹ 4,605₹ 634₹ 3,971₹ 38,511
3Jul-2022₹ 4,605₹ 574₹ 4,031₹ 34,480
4Aug-2022₹ 4,605₹ 514₹ 4,091₹ 30,389
5Sep-2022₹ 4,605₹ 453₹ 4,152₹ 26,237
6Oct-2022₹ 4,605₹ 391₹ 4,214₹ 22,023
7Nov-2022₹ 4,605₹ 329₹ 4,276₹ 17,747
8Dec-2022₹ 4,605₹ 265₹ 4,340₹ 13,407
9Jan-2023₹ 4,605₹ 200₹ 4,405₹ 9,002
10Feb-2023₹ 4,605₹ 134₹ 4,471₹ 4,531
11Mar-2023₹ 4,605₹ 68₹ 4,5370
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on bike loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the bike. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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