Know TVS Ntorq 125 scooter loan EMI on Rs 9,000 down payment: Details explained – Times of India

TVS Ntorq 125 It is currently the flagship scooter of the company in India, and it is one of the highest value offerings at its price point. This time, TVS does retail ntork The 125 is priced from Rs 77,106 to Rs 97,061 (ex-showroom, Delhi) in six variants namely Drum, Disc, Race Edition, Super Squad Edition, Race XP and XT. At the same time, the on-road (Delhi) price of the scooter ranges from Rs 89,353 to Rs 1,13,978.
Planning to buy TVS Ntorq 125 and wondering how much EMI Will you have to pay? Here is a table showing the variant-wise on-road (Delhi) price of TVS scooters and minimum monthly installments taking into account the average tenure, ROI and down payment –

type on-road price
(Delhi)
tenure Rate of interest
(Estimated)
advanced payment EMI
drum Rs 89,353 2 years 10% Rs 9,000 Rs 3,708
Disc Rs 94,258 2 years 10% Rupee. 9,500 Rs 3,911
Race Edition Rs 98,223 2 years 10% Rupee. 10,000 Rs 4,071
super squad version Rs 1,00,976 2 years 10% Rupee. 10,000 Rs 4,198
Race XP Rs 1,02,683 2 years 10% Rupee. 10,000 Rs 4,277
XT Rs 1,13,978 2 years 10% Rs 11,000 Rupee. 4,752

We have chosen an average tenure of 2 years as the standard with an approximate 10% down payment amount and an estimated 10% bank interest rate. Note that the buyer is free to decide the period for which he will take the loan, while the interest rate varies from one bank to another. In addition, you can also choose to pay a higher or lower down payment, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
For example, if you want to buy TVS Ntorq 125 Disc variant (ex-showroom price – Rs 81,561), you will have to pay Rs 3,911 as monthly installment for a period of 24 months (2 years) at 10% ROI Will happen. 9,500 with a one-time down payment of Rs. In all, you pay around Rs 1,03,364 for the said variant till the end of your loan tenure, which includes the on-road value, the down payment amount made at the time of purchase, as well as the interest incurred. in the above period.
If you want to know the EMI of any other scooter, motorcycle or car of your choice, then do let us know in the comments below.