Piaggio Vespa SXL 150 Bike EMI calculator

Ex-showroom Price of Piaggio Scooters Vespa SXL 150 : ₹ 1,37,000
Loan Amount : ₹ 1,16,450
Down Payment : ₹ 20,550

Document Charges :
Processing Fee : ₹ 1,456
MonthsEMIChart
12₹ 10,514View Chart
24₹ 5,723View Chart
36₹ 4,142View Chart
48₹ 3,364View Chart
60₹ 2,907View Chart
72₹ 2,610View Chart
84₹ 2,405View 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 Piaggio Vespa SXL 150 Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Piaggio Vespa SXL 150 bike.
Option 3) Enter the desired amount and desired interest rate of Piaggio Vespa SXL 150 bike to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for Piaggio Vespa SXL 150 Click Here Check On Road Price

Total Interest Amount is ₹ 9,715 for the loan amount of ₹ 1,16,450
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2024₹ 10,514₹ 1,580₹ 8,934₹ 97,002
2Jun-2024₹ 10,514₹ 1,447₹ 9,067₹ 87,935
3Jul-2024₹ 10,514₹ 1,312₹ 9,202₹ 78,733
4Aug-2024₹ 10,514₹ 1,174₹ 9,340₹ 69,393
5Sep-2024₹ 10,514₹ 1,035₹ 9,479₹ 59,914
6Oct-2024₹ 10,514₹ 894₹ 9,620₹ 50,294
7Nov-2024₹ 10,514₹ 750₹ 9,764₹ 40,530
8Dec-2024₹ 10,514₹ 605₹ 9,909₹ 30,621
9Jan-2025₹ 10,514₹ 457₹ 10,057₹ 20,564
10Feb-2025₹ 10,514₹ 307₹ 10,207₹ 10,357
11Mar-2025₹ 10,514₹ 154₹ 10,3600
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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