Gleaming Royal Enfield classic 350, know all the details

If we talk about bikes in the Indian market, then the name of Royal Enfield comes first in everyone’s tongue. Which looks royal in appearance. Not only this, it is a very strong bike with great mileage. And in view of this specialty, this bike remains the first choice of the people. But buying this bike is not just about everyone. As its name is, so is its price. But if you are dreaming of buying this bike, then we are telling you that you can bring home a very gleaming Royal Enfield with a great price. Know all the details.

If you are thinking of buying a bike, then you can make your dream come true by buying Royal Enfield Classic 350 bike. For this, you can buy this bike with very low EMI by paying a small down payment. Even though the showroom price of Royal Enfield Classic 350 ranges from Rs 1.90 lakhs to Rs 2.21 lakhs, you can still buy this bullet by paying a down payment of Rs 11,000. Know how much EMI you will have to pay on the remaining amount.

Loan interest rate on two wheeler

 If you want to take a loan on two-wheeler, then many private banks and finance companies offer loans at an interest rate of 6.60% to 28.00% per annum. This includes many companies including State Bank of India, HDFC Bank, Punjab Nation Bank, Union Bank of India, Axis Bank. The processing fee on the loan will be levied separately. Now suppose you get a two-wheeler loan at 9% interest, then how much EMI will you have to pay every month. Here we are telling you the calculation of EMI from 1 year to 5 years.

EMI calculation on 1 year loan

If you take a loan of Rs 1.79 lakh for 1 year. Then its EMI will be Rs 15,654 every month. You will have to pay a total interest of Rs 8,846 on this loan.

EMI math on 2 year loan

If you take a loan of Rs 1.79 lakh for 2 years. Then its EMI will be Rs 8,178 every month. You will have to pay a total interest of Rs 17,262 on this loan.

EMI math on 3 year loan

If you take a loan of Rs 1.79 lakh for 3 years. Then its EMI will be Rs 5,692 every month. You will have to pay a total interest of Rs 25,917 on this loan.

EMI math on 4 year loan

If you take a loan of Rs 1.79 lakh for 4 years. Then its EMI will be Rs 4,454 every month. You will have to pay a total interest of Rs 34,812 on this loan.

EMI math on 5 year loan

If you take a loan of Rs 1.79 lakh for 5 years. Then its EMI will be Rs 3,716 every month. You will have to pay a total interest of Rs 43,945 on this loan.

Features of Royal Enfield Classic 350

Royal Enfield is the most classic bike. It is powered by a 349cc single-cylinder DOHC engine in the 350, which makes 20.2 bhp power at 6,100 rpm. and generates 27 Nm of peak torque at 4,000 rpm. Apart from this, a 5-speed gearbox has been given with the engine. Not only this, apart from this, a lot has been given with small display, fuel gauge, odometer.

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