The Royal Enfield Bullet 350: The Royal Elfield Bullet 350 is one of the most popular motorcycles in the country. Every month, thousands of people buy a Royal Enfield 350. An updated version of Market Bullet is now available. Sales have picked up in the last few months.
If you also want to bring this bike home and want to finance it instead of paying a lump sum, then it is quite easy. You can buy it for Rs 25 lakh. Let’s know the EMI calculation.
Rs. 25 lakh for house
The on-road price of the new Royal Enfield Bullet 350 Military Red and Military Black options is around Rs 2 lakh. If you finance this model on a down payment of Rs 25,000, then you will have to take a loan of Rs 1.75 lakh.
Suppose you get a loan at 9% interest rate and the tenure of the loan is 3 years, then you have to pay Rs 5,565 as EMI for the next 36 months. If you finance this model of Bullet 350 according to the above conditions, then the interest will be more than 25 thousand rupees.
Royal Enfield Bullet 350 Standard Maroon and Standard Black
The all-new Royal Enfield Bullet 350 is priced at Rs. 1.97 lakh (ex-showroom, India) for the standard maroon and standard black variants and Rs. 2,25,240 (ex-showroom, India) for the on-road variant If you finance this bike on a down payment of Rs 25,000, then you will have to take a loan of Rs 2,00,240.
If you take a loan for 3 years and the interest rate is 9 percent, then you will have to pay Rs 6,368 as EMI every month for the next 3 years. You will have to pay an interest of about 29 thousand rupees on this bike.