Aprilia RS 457 bike loan EMI on Rs 45,000 down payment: Details explained

Aprilia finally launched the RS 457 as its new entry-level motorcycle at the India Bike Week 2023 last weekend in Goa. The made-in-India motorcycle is a direct rival to the Kawasaki Ninja 400, while will also face competition from the upcoming Yamaha R3 in the market. Powering the Aprilia RS 457 is a twin-cylinder 47 hp motor, mated to a 6-speed transmission.
Planning to buy the new Aprilia RS 457 and wondering how much EMI would you have to pay? Here’s a table showing the estimated on-road price of the motorcycle, and the lowest monthly installment you would have to shell out for it, keeping in mind an average tenure, ROI, as well as down payment –

To simplify the process, we have chosen an average tenure period of three years as standard, along with approximately 20% down payment amount, and an estimated 10% bank interest rate. Do note that the buyer is free to decide the tenure for which he/she will be taking the loan for, whereas the interest rate varies from one bank to another. Moreover, you can also choose to pay a higher or a lower down payment, which will decrease or increase your equated monthly installment (EMI) respectively.

Aprilia is currently offering the RS 457 in a single variant, priced at Rs 4.10 lakh (ex-showroom, Maharashtra). However, the estimated on-road price of the faired sports bike would be about Rs 4.52 lakh. Let us know in the comments down below if you’d like to know the loan EMI for any other motorcycle, scooter or car of your choice!