Two Wheeler Loan EMI Calculator – Calculate Two Wheeler Loan EMI Online | AU Small Finance Bank
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Two Wheeler Loan EMI Calculator

My loan requirement is INR
0
 
5 lakhs
 
I’m looking for an interest rate of %
14%
 
28%
 
I can repay the loan in months (7.5 years)
12 months
 
60 months
 
Principal Amount: 5,00,000
Total Interest: 43,000
Total Amount Payable: 9,43,000

At a rate of: 18% pa
For a duration of: 1 years
Your Monthly EMI will be: 7,80,000
 

Two Wheeler Loan EMI Calculator

    Looking to buy a new two-wheeler? AU Small Finance Bank offers you the best Two-Wheeler Loan options to help you own your dream bike. With the bank's Two-Wheeler Loan EMI calculator, you can easily calculate your monthly instalments based on the loan amount, tenure, and interest rate.
    Our Two-Wheeler Loan EMI calculator is a simple and easy-to-use tool that helps you plan your finances better. It helps you understand the loan repayment structure and the amount you need to pay each month.

How to Use AU Small Finance Bank Two-Wheeler Loan EMI Calculator?

Using AU Small Finance Bank's Two-Wheeler Loan EMI calculator is simple and straightforward. Follow these steps to use the calculator:
Step 1: Visit the AU Small Finance Bank website and navigate to the Two-Wheeler Loan EMI calculator page.
Step 2: Enter the loan amount you wish to borrow.
Step 3: Select the loan tenure from the drop-down menu.
Step 4: Choose the interest rate that applies to your loan.
Step 5: Click on the "Calculate" button.
Step 6: The calculator will display the EMI amount you need to pay each month.
Using the Two-Wheeler Loan EMI calculator from AU Small Finance Bank helps you make an informed decision about your finances. You can adjust the loan amount, tenure, and interest rate to find an EMI that suits your budget.
 

Why Should You Use a Two-Wheeler EMI Calculator?

A Two-Wheeler EMI calculator helps you understand the loan repayment structure and plan your finances better. Here are a few reasons why you should use a Two-Wheeler EMI calculator:
  1. Helps you plan your budget: A Two-Wheeler EMI calculator helps you plan your budget by calculating your monthly instalments. It helps you decide on the loan amount and tenure that fits your budget.
  2. Saves time: Calculating your EMI manually can be time-consuming and tedious. A Two-Wheeler EMI calculator saves you time by providing an instant calculation.
  3. Allows you to compare loan options: With a Two-Wheeler EMI calculator, you can compare different loan options based on the EMI amount. It helps you make an informed decision about the loan that suits your budget.
  4. Helps you avoid financial stress: A Two-Wheeler EMI calculator helps you avoid financial stress by calculating your monthly instalments. It ensures that you do not borrow beyond your means and struggle to repay the loan.
 

FAQs

 

Q1. What does Two-Wheeler Loan EMI mean?

Two-Wheeler Loan EMI stands for Equated Monthly Instalments. It refers to the fixed amount that a borrower is required to pay each month to repay the loan amount taken for purchasing a two-wheeler.

Q2. How is Two-Wheeler Loan EMI calculated?

Two-Wheeler Loan EMI calculation is based on the loan amount, interest rate, and the repayment tenure. You can use the online EMI calculator to get an estimate of the EMI amount that you will be required to pay each month.

Q3. What is Two-Wheeler Loan Amortization Schedule?

Two-Wheeler Loan amortization schedule is a table that shows the breakup of each EMI payment made towards the principal and interest component of the loan amount. It also gives an overview of the outstanding loan amount and the interest paid over the loan repayment tenure.

Q4. What is the method of paying Two-Wheeler Loan EMI?

The method of paying Two-Wheeler Loan EMI can vary from lender to lender. You can choose to pay it through online modes such as NetBanking, Mobile Banking, UPI, etc., or through post-dated cheques.

Q5. Why Choose AU Small Finance Bank Two-Wheeler Loan?

AU Small Finance Bank offers competitive interest rates, flexible repayment tenure, and hassle-free loan disbursal process. Moreover, it provides doorstep service, minimal documentation, and online loan account access to its customers.

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