Royal Enfield Bullet 350 motorcycle loan EMI on Rs 40,000 down payment: Details explained

Royal Enfield recently launched the new Bullet 350, making it the last 350 cc motorcycle in the company’s portfolio to be updated on the new J-platform with the new 349 cc air-cooled engine producing 20.1 hp and 27 Nm. Despite an overall same silhouette, Royal Enfield even went on to say that the new Bullet 350 has nothing that has been carried over from the outgoing model.

Planning to buy the new Royal Enfield Bullet 350 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.

Royal Enfield is offering the new Bullet 350 in three variants, namely Military, Standard and Black Gold, priced from Rs 1.74 lakh to Rs 2.16 lakh (ex-showroom). However, the on-road (Delhi) price of the motorcycle is estimated to be between Rs 1.99 lakh and Rs 2.39 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.