Hero Splendor Plus IBS i3S Bike EMI calculator

Ex-showroom Price of Hero Splendor Plus Drum Kick Alloy : ₹ 64,720
Loan Amount : ₹ 55,012
Down Payment : ₹ 9,708

Document Charges :
Processing Fee : ₹ 688
MonthsEMIChart
12₹ 4,967View Chart
24₹ 2,703View Chart
36₹ 1,957View Chart
48₹ 1,589View Chart
60₹ 1,373View Chart
72₹ 1,233View Chart
84₹ 1,136View 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 Splendor Plus IBS i3S Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Hero Splendor Plus IBS i3S bike.
Option 3) Enter the desired amount and desired interest rate of Hero Splendor Plus IBS i3S bike to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for Hero Splendor Plus IBS i3S Click Here Check On Road Price

Total Interest Amount is ₹ 4,591 for the loan amount of ₹ 55,012
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 4,967₹ 747₹ 4,220₹ 45,825
2May-2024₹ 4,967₹ 684₹ 4,283₹ 41,542
3Jun-2024₹ 4,967₹ 620₹ 4,347₹ 37,195
4Jul-2024₹ 4,967₹ 555₹ 4,412₹ 32,783
5Aug-2024₹ 4,967₹ 489₹ 4,478₹ 28,305
6Sep-2024₹ 4,967₹ 422₹ 4,545₹ 23,760
7Oct-2024₹ 4,967₹ 354₹ 4,613₹ 19,147
8Nov-2024₹ 4,967₹ 286₹ 4,681₹ 14,466
9Dec-2024₹ 4,967₹ 216₹ 4,751₹ 9,715
10Jan-2025₹ 4,967₹ 145₹ 4,822₹ 4,893
11Feb-2025₹ 4,967₹ 73₹ 4,8940
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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