Royal Enfield Hunter 350: This bike is one of the most popular motorcycles sold in the country. The stylish look of this bike is very popular among the youth. The bike from Royal Enfield is powered by a 349cc, single-cylinder, 4-stroke engine. The motorised engine generates 20.2bhp and 27Nm of torque The Ex-Showroom Price Of The Hunter 350 Is Rs 1,49,900. You don’t have to pay in full to buy this bike, it can also be purchased on loan.
How much down payment will have to be made for the Hunter 350?
The base model of the Royal Enfield Hunter 350 Retro Factory is priced at Rs 1.73 lakh on-road in Delhi. You will get a loan of Rs 1.64 lakh to buy this bike. The amount of the bank to buy a bike depends on your credit score. If the credit score is better, you can get a maximum amount of credit. To get the key of the Hunter 350, first you have to make a down payment of Rs 8,646.
- If you take a two-year loan to buy this Royal Enfield bike and the bank charges 9 per cent interest on this loan, you will have to pay an EMI of around Rs 8,100 for 24 months.
- If you take a three-year loan to buy the Hunter 350, an installment of Rs 5,800 will have to be deposited in the bank for 36 months with 9 percent interest.
- If a four-year loan is taken to buy this Royal Enfield bike, the bank will have to deposit Rs 4,700 every month in installments with 9 per cent interest.
To take a loan from any bank to buy a bike, it is important to carefully read all the documents before taking a loan. As per banks’ policy, these EMI figures may vary.