By Admin 
Royal Enfield Classic 350 on Down Payment: Royal Enfield bikes are well liked in the Indian market. Especially in the youth, there is a different craze for the motorcycle of this brand. Whenever the Most Popular bikes of Royal Enfield 350 are talked about, the name of Classic 350 comes at the top. The on-road price of this motorcycle is more than two lakh rupees.
Do you know that you do not need to make full payment at once to buy this Royal Enfield bike. You can fill this motorcycle every month by filling it as a fixed amount EMI.
How can you buy classic 350 on EMI?
Five variants of Royal Enfield Classic 350 are present in the Indian market. The cheapest model of Classic 350 is its heritage version. The on-road price of this model in Delhi is Rs 2,28,526. There may be some difference in this price in other states of the country. To buy this bike on a loan, you will get a loan of Rs 2,17,100. One thing to note here is that the loan amount depends on your credit score.
To buy a Royal Enfield Classic 350, you have to deposit about Rs 11,500 as down payment. The bank invests 9 percent interest on the bike loan taken and if you take this loan for two years, then you will have to deposit Rs 10,675 every month as EMI. Apart from this, if you take a loan for Classic 350 for three years, then a installment of Rs 7,650 will have to be deposited every month at 9 percent interest.
To buy Royal Enfield bike, this loan is taken from the bank for four years, then EMI of Rs 6,150 will have to be deposited every month for 48 months. For your information, let us know that according to different banks and their policy, a difference in this price can be seen. It is necessary to read all the documents carefully before taking a loan.
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