Benelli Tornado 302R Bike EMI calculator

Ex-showroom Price of Benelli Tornado 302R : ₹ 3,00,000
Loan Amount : ₹ 2,55,000
Down Payment : ₹ 45,000

Document Charges :
Processing Fee : ₹ 3,188
MonthsEMIChart
12₹ 23,023View Chart
24₹ 12,531View Chart
36₹ 9,071View Chart
48₹ 7,367View Chart
60₹ 6,366View Chart
72₹ 5,716View Chart
84₹ 5,266View 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 Benelli Tornado 302R Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Benelli Tornado 302R bike.
Option 3) Enter the desired amount and desired interest rate of Benelli Tornado 302R bike to know the emi and finance option.

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

To get finance for Benelli Tornado 302R Click Here Check On Road Price

Total Interest Amount is ₹ 21,274 for the loan amount of ₹ 2,55,000
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 23,023₹ 3,460₹ 19,563₹ 2,12,414
2Jun-2024₹ 23,023₹ 3,169₹ 19,854₹ 1,92,560
3Jul-2024₹ 23,023₹ 2,872₹ 20,151₹ 1,72,409
4Aug-2024₹ 23,023₹ 2,572₹ 20,451₹ 1,51,958
5Sep-2024₹ 23,023₹ 2,267₹ 20,756₹ 1,31,202
6Oct-2024₹ 23,023₹ 1,957₹ 21,066₹ 1,10,136
7Nov-2024₹ 23,023₹ 1,643₹ 21,380₹ 88,756
8Dec-2024₹ 23,023₹ 1,324₹ 21,699₹ 67,057
9Jan-2025₹ 23,023₹ 1,000₹ 22,023₹ 45,034
10Feb-2025₹ 23,023₹ 672₹ 22,351₹ 22,683
11Mar-2025₹ 23,023₹ 338₹ 22,6850
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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