These days, Royal Enfield Classic 350 has captured the hearts of everyone, young and old! This bike is such that you feel like buying it as soon as you see it. Its speed, mileage and look, everything is amazing. If you also want to buy this amazing bike, but are finding it difficult to pay the full price at once, then stop worrying!
The good news is that the company has come up with a great EMI plan for you. Yes, now you can bring Royal Enfield Classic 350 home by paying a down payment of just ₹ 11,500. Keep paying the rest of the amount in easy installments every month. Isn’t it amazing?
Awesome finance plan of Royal Enfield Classic 350
Five models of Royal Enfield Classic 350 are making a splash in the market. And now buying them has become even easier. Go to the showroom and make this great bike yours by making a down payment of just ₹ 11,500. By the way, its price in the market is around ₹ 2,28,526. After the down payment, you will easily get a loan of the remaining amount, i.e. around ₹ 2,17,100.
Now how much loan you will get will depend on your credit score. If your credit score is good, then there will be no problem in getting a loan. You can get a loan on Royal Enfield Classic 350 at an interest rate of around 9%. If you take a loan for a short period, then your EMI will be a little higher. See below, how much will be the EMI for different periods:
How much will be the EMI of Royal Enfield Classic 350?
If you finance Royal Enfield Classic 350, which remains the first choice of the youth, for 2 years, then your monthly EMI will be around ₹ 10,670. And if you take a 3-year plan, then you will have to pay an EMI of ₹ 7,650 every month.
Not only this, if you choose a 4-year loan plan, your monthly EMI will be even lower to around ₹ 6,150. Keep in mind that the prices may vary slightly depending on the bank and their policies. Therefore, read all the information carefully before taking a loan.
