Planning to buy either of the two Royal Enfield 650cc motorcycles? Here is a table showing the variant-wise on-road (Delhi) price of Interceptor 650 and Continental GT 650, and the minimum monthly installment you will pay for the same, taking into account the average duration, ROI. advanced payment –
| color | on-road price (New Delhi) |
tenure | Rate of interest (estimated) |
advanced payment | EMI |
| interceptor 650 | |||||
| Ventura Blue / valley red/ Orange Crush |
Rupee. 3,24,946 | 3 year | 10% | Rs 30,000 | Rupee. 9,517 |
| Sunset Strip/ Downtown Drag / Baker Express/ |
Rupee. 3,34,029 | 3 year | 10% | Rs 33,000 | Rs 9,713 |
| mark 2 | Rs 3,49,171 | 3 year | 10% | Rs 35,000 | Rs 10,137 |
| Continental GT 650 | |||||
| rocker red/ British Racing Green |
Rupee. 3,43,098 | 3 year | 10% | Rs 30,000 | Rs 10,103 |
| Dux/Deluxe ventura storm |
Rs 3,52,184 | 3 year | 10% | Rs 35,000 | Rs 10,235 |
| Mr Clean | Rs 3,67,318 | 3 year | 10% | Rupee. 37,000 | Rs 10,658 |
To make it easy, we have chosen an average tenure of 3 years as standard with an approximate 10% down payment amount and an estimated 10% bank interest rate. Note that you as a buyer are free to decide the tenure for which you will take the loan, while the interest rate varies from one bank to another. Also, you can choose to pay a higher or lower down payment for your bike/car, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
As of now, the price of Royal Enfield Interceptor 650 ranges from Rs 2.86 lakh to Rs 3.15 lakh, while the Continental GT 650 is priced between Rs 3.06 lakh and Rs 3.32 lakh (all prices, ex-showroom). However, the on-road (New Delhi) prices of both the motorcycles range from Rs 3.25 lakh to Rs 3.49 lakh and Rs 3.43 lakh to Rs 3.67 lakh respectively.
Taking an example, you wanted to buy Royal Enfield Interceptor 650 in Canon Red color (ex-showroom price – Rs 2.86 lakh), then you would pay Rs 9,517 as monthly installment for a period of 3 years at 10% ROI Will have to do , if you choose to pay a one-time down payment of Rs.30,000.
In all, you pay around Rs 3,72,612 for the said variant till the end of your loan tenure, which includes the on-road value, the down payment amount, as well as the interest incurred over the above tenure. The total interest amount that you pay over and over is Rs 47,666 against the loan amount of Rs 2,94,946.
Let us know in the comments below if you want to know the EMI of any other car or bike of your choice!