Bajaj Avenger 220 Bike EMI calculator

Ex-showroom Price of Bajaj Avenger Cruise 220 : ₹ 1,38,944
Loan Amount : ₹ 1,18,102
Down Payment : ₹ 20,842

Document Charges :
Processing Fee : ₹ 1,476
MonthsEMIChart
12₹ 10,663View Chart
24₹ 5,804View Chart
36₹ 4,201View Chart
48₹ 3,412View Chart
60₹ 2,949View Chart
72₹ 2,647View Chart
84₹ 2,439View 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 Bajaj Avenger 220 Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Bajaj Avenger 220 bike.
Option 3) Enter the desired amount and desired interest rate of Bajaj Avenger 220 bike to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for Bajaj Avenger 220 Click Here Check On Road Price

Total Interest Amount is ₹ 9,852 for the loan amount of ₹ 1,18,102
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 10,663₹ 1,603₹ 9,060₹ 98,379
2May-2024₹ 10,663₹ 1,467₹ 9,196₹ 89,183
3Jun-2024₹ 10,663₹ 1,330₹ 9,333₹ 79,850
4Jul-2024₹ 10,663₹ 1,191₹ 9,472₹ 70,378
5Aug-2024₹ 10,663₹ 1,050₹ 9,613₹ 60,765
6Sep-2024₹ 10,663₹ 906₹ 9,757₹ 51,008
7Oct-2024₹ 10,663₹ 761₹ 9,902₹ 41,106
8Nov-2024₹ 10,663₹ 613₹ 10,050₹ 31,056
9Dec-2024₹ 10,663₹ 463₹ 10,200₹ 20,856
10Jan-2025₹ 10,663₹ 311₹ 10,352₹ 10,504
11Feb-2025₹ 10,663₹ 157₹ 10,5060
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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