New KTM 390 Duke loan EMI on Rs 72,000 down payment: Details explained

KTM India recently launched the new-gen 390 Duke in the Indian market with a new design, more tech, improved hardware as well as a new 399 cc engine producing slightly more power and torque than before. The BMW G 310 R, Bajaj Dominar 400, Triumph Speed 400 and TVS Apache RTR 310 rival is available in a single variant for now.
Planning to buy the 2024 KTM 390 Duke and wondering how much EMI would you have to pay? Here’s a table showing the variant-wise on-road (Delhi) 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.

The KTM 390 Duke is currently priced at Rs 3.11 lakh (ex-showroom). However, the estimated on-road (Delhi) price of the naked streetfighter motorcycle would be around Rs 3.58 lakh. If you were to pay Rs 72,000 out of that as down payment, you would end up paying Rs 9,231 for 36 months against a loan amount of Rs 2.86 lakh. The interest accumulated would be around Rs 46,200 for the entire period.
Do 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!