Royal Enfield Despatch Bike EMI calculator

Ex-showroom Price of Royal Enfield Despatch : ₹ 2,00,000
Loan Amount : ₹ 1,70,000
Down Payment : ₹ 30,000

Document Charges :
Processing Fee : ₹ 2,125
MonthsEMIChart
12₹ 15,349View Chart
24₹ 8,354View Chart
36₹ 6,047View Chart
48₹ 4,912View Chart
60₹ 4,244View Chart
72₹ 3,811View Chart
84₹ 3,511View 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 Royal Enfield Despatch Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Royal Enfield Despatch bike.
Option 3) Enter the desired amount and desired interest rate of Royal Enfield Despatch bike to know the emi and finance option.

EMI for the bike you want
Suggest the best bank
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 Royal Enfield Despatch Click Here Check On Road Price

Total Interest Amount is ₹ 14,183 for the loan amount of ₹ 1,70,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 15,349₹ 2,307₹ 13,042₹ 1,41,609
2Jun-2022₹ 15,349₹ 2,112₹ 13,237₹ 1,28,372
3Jul-2022₹ 15,349₹ 1,915₹ 13,434₹ 1,14,938
4Aug-2022₹ 15,349₹ 1,714₹ 13,635₹ 1,01,303
5Sep-2022₹ 15,349₹ 1,511₹ 13,838₹ 87,465
6Oct-2022₹ 15,349₹ 1,305₹ 14,044₹ 73,421
7Nov-2022₹ 15,349₹ 1,095₹ 14,254₹ 59,167
8Dec-2022₹ 15,349₹ 883₹ 14,466₹ 44,701
9Jan-2023₹ 15,349₹ 667₹ 14,682₹ 30,019
10Feb-2023₹ 15,349₹ 448₹ 14,901₹ 15,118
11Mar-2023₹ 15,349₹ 226₹ 15,1230
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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