The Royal Enfield Bullet 350, a symbol of classic biking, is witnessing a surge in popularity, and now, owning this iconic motorcycle is even more accessible. With an updated version hitting the market, the Bullet 350 is attracting enthusiasts in Military Red and Military Black colors. For those keen on bringing home this classic beauty without shelling out the full amount upfront, a down payment of just Rs 25,000 opens the door to ownership.
EMI Calculation for Royal Enfield Bullet 350 Military Red and Military Black
The on-road price for the new Royal Enfield Bullet 350 Military Red and Military Black options stands at approximately Rs 2 lakh. Opting for financing and making a down payment of Rs 25,000 enables you to secure a loan of Rs 1.75 lakh. Assuming a loan tenure of 3 years with an interest rate of 9%, the monthly EMI amounts to Rs 5,565 for the next 36 months. While the financing option makes ownership easy, the total interest paid over the loan tenure exceeds the initial down payment.
Financing the Royal Enfield Bullet 350 Standard Maroon and Standard Black
For enthusiasts eyeing the Standard Maroon and Standard Black models of the all-new Bullet 350, priced at Rs 1.97 lakh (ex-showroom), with an on-road price of Rs 2,25,240, financing remains an attractive option. A down payment of Rs 25,000 sets the stage for a loan of Rs 2,00,240. With a loan tenure of 3 years and an interest rate of 9%, the monthly EMI stands at Rs 6,368 for the next 3 years. The interest paid over the loan tenure for this model amounts to approximately Rs 29,000.
In Summary
Owning the Royal Enfield Bullet 350 has never been more attainable, thanks to flexible financing options. With just Rs 25,000 as a down payment, enthusiasts can hit the roads on the iconic Bullet, whether in Military Red, Military Black, Standard Maroon, or Standard Black. Embrace the thrill of classic biking without the burden of a hefty upfront payment.
