TVS Scooty Pep Plus Bike EMI calculator

Ex-showroom Price of TVS ScootyPep : ₹ 45,054
Loan Amount : ₹ 38,296
Down Payment : ₹ 6,758

Document Charges :
Processing Fee : ₹ 479
MonthsEMIChart
12₹ 3,458View Chart
24₹ 1,882View Chart
36₹ 1,362View Chart
48₹ 1,106View Chart
60₹ 956View Chart
72₹ 858View Chart
84₹ 791View 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 TVS Scooty Pep Plus Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on TVS Scooty Pep Plus bike.
Option 3) Enter the desired amount and desired interest rate of TVS Scooty Pep Plus bike to know the emi and finance option.

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

To get finance for TVS Scooty Pep Plus Click Here Check On Road Price

Total Interest Amount is ₹ 3,195 for the loan amount of ₹ 38,296
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Sep-2021₹ 3,458₹ 520₹ 2,938₹ 31,900
2Oct-2021₹ 3,458₹ 476₹ 2,982₹ 28,918
3Nov-2021₹ 3,458₹ 431₹ 3,027₹ 25,891
4Dec-2021₹ 3,458₹ 386₹ 3,072₹ 22,819
5Jan-2022₹ 3,458₹ 340₹ 3,118₹ 19,701
6Feb-2022₹ 3,458₹ 294₹ 3,164₹ 16,537
7Mar-2022₹ 3,458₹ 247₹ 3,211₹ 13,326
8Apr-2022₹ 3,458₹ 199₹ 3,259₹ 10,067
9May-2022₹ 3,458₹ 150₹ 3,308₹ 6,759
10Jun-2022₹ 3,458₹ 101₹ 3,357₹ 3,402
11Jul-2022₹ 3,458₹ 51₹ 3,4070
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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