Yamaha MT-15 Bike EMI calculator

Ex-showroom Price of Yamaha MT-15 : ₹ 1,40,700
Loan Amount : ₹ 1,19,595
Down Payment : ₹ 21,105

Document Charges :
Processing Fee : ₹ 1,495
MonthsEMIChart
12₹ 10,798View Chart
24₹ 5,877View Chart
36₹ 4,254View Chart
48₹ 3,455View Chart
60₹ 2,986View Chart
72₹ 2,681View Chart
84₹ 2,470View 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 Yamaha MT-15 Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Yamaha MT-15 bike.
Option 3) Enter the desired amount and desired interest rate of Yamaha MT-15 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 Yamaha MT-15 Click Here Check On Road Price

Total Interest Amount is ₹ 9,977 for the loan amount of ₹ 1,19,595
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2021₹ 10,798₹ 1,623₹ 9,175₹ 99,622
2Feb-2021₹ 10,798₹ 1,486₹ 9,312₹ 90,310
3Mar-2021₹ 10,798₹ 1,347₹ 9,451₹ 80,859
4Apr-2021₹ 10,798₹ 1,206₹ 9,592₹ 71,267
5May-2021₹ 10,798₹ 1,063₹ 9,735₹ 61,532
6Jun-2021₹ 10,798₹ 918₹ 9,880₹ 51,652
7Jul-2021₹ 10,798₹ 770₹ 10,028₹ 41,624
8Aug-2021₹ 10,798₹ 621₹ 10,177₹ 31,447
9Sep-2021₹ 10,798₹ 469₹ 10,329₹ 21,118
10Oct-2021₹ 10,798₹ 315₹ 10,483₹ 10,635
11Nov-2021₹ 10,798₹ 159₹ 10,6390
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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