Hero Maestro Edge Bike EMI calculator

Ex-showroom Price of Hero Maestro Edge LX : ₹ 52,130
Loan Amount : ₹ 44,311
Down Payment : ₹ 7,820

Document Charges :
Processing Fee : ₹ 554
MonthsEMIChart
12₹ 4,001View Chart
24₹ 2,178View Chart
36₹ 1,576View Chart
48₹ 1,280View Chart
60₹ 1,106View Chart
72₹ 993View Chart
84₹ 915View 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 Hero Maestro Edge Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Hero Maestro Edge bike.
Option 3) Enter the desired amount and desired interest rate of Hero Maestro Edge 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 Hero Maestro Edge Click Here Check On Road Price

Total Interest Amount is ₹ 3,697 for the loan amount of ₹ 44,311
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 4,001₹ 601₹ 3,400₹ 36,910
2Jun-2024₹ 4,001₹ 551₹ 3,450₹ 33,460
3Jul-2024₹ 4,001₹ 499₹ 3,502₹ 29,958
4Aug-2024₹ 4,001₹ 447₹ 3,554₹ 26,404
5Sep-2024₹ 4,001₹ 394₹ 3,607₹ 22,797
6Oct-2024₹ 4,001₹ 340₹ 3,661₹ 19,136
7Nov-2024₹ 4,001₹ 285₹ 3,716₹ 15,420
8Dec-2024₹ 4,001₹ 230₹ 3,771₹ 11,649
9Jan-2025₹ 4,001₹ 174₹ 3,827₹ 7,822
10Feb-2025₹ 4,001₹ 117₹ 3,884₹ 3,938
11Mar-2025₹ 4,001₹ 59₹ 3,9420
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)

Share Your Comments About Hero Maestro Edge Bike Finance with your Friends