Hero Splendor Plus stands out as one of the top-selling and most cherished motorcycles in India. Renowned for its impressive fuel efficiency, robust performance, and budget-friendly pricing, this bike is a popular choice among riders.
If you’re considering purchasing this motorcycle but are concerned about paying the full amount upfront, you can easily opt for an EMI plan. Let’s dive into the details regarding the price, down payment, EMI options, and features of this remarkable bike.
Easy EMI plans for Hero Splendor Plus
Acquiring the Hero Splendor Plus on EMI is straightforward. You only need to make a modest down payment, and the rest can be financed through a bank loan. The ex-showroom price for the Hero Splendor Plus begins at Rs 77,176, with slight variations in price for different variants based on your location. For instance, in Delhi, the on-road price for the self-alloy variant is Rs 91,949.
If you secure a bank loan, you can borrow Rs 87,400 for the bike, requiring just a down payment of Rs 6,000. You have the flexibility to choose loan terms of 2, 3, or 4 years, depending on your financial situation and preferences. The bank typically offers a loan interest rate of 9%.
Here’s a breakdown of the EMI for various loan durations:
For a two-year (24 months) loan: You will need to pay an EMI of Rs 4,300 each month.
For a three-year (36 months) loan: Your monthly EMI will be Rs 3,000.
For a four-year (48 months) loan: You will pay an EMI of Rs 2,500 monthly.
Select any of these options that best suit your needs, and you can own your dream bike without significant financial strain.
Disclaimer : For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.