Remember Royal Enfield Thunderbird? The current Royal Enfield Meteor 350, which is one of the popular cruiser motorcycles from the iconic brand comes carrying the legacy of the Thunderbird, but of course with the distinct design, modern features and upgraded powertrain and ergonomics.
The Royal Enfield Meteor 350 is a highly popular, accessible 350 cc cruiser in India, favored for its comfortable, relaxed riding posture, refined J-series engine, and classic styling. The motorcycle is widely acclaimed as a superior daily commuter and capable long-distance cruiser, blending modern features like the Tripper navigation system with traditional Royal Enfield charm.
If you are planning to buy the Royal Enfield Meteor 350, here is a quick look at what your possible monthly EMI could be like.
The Royal Enfield Meteor 350 is priced between ₹197,762 and ₹218,882 (ex-showroom), depending on the colour variants. While calculating the possible monthly EMI amount, we have considered the top-end pricing of the motorcycle. The rate of interest for loan has been considered as 8.5%, while the repayment tenures considered are 12 months and 24 months. Also, the loan has been considered as the 90% of ex-showroom price of the Meteor 350.
If you are planning to repay the loan in 12 months, the monthly EMI would be ₹17,182, while the total interest payable will be ₹9,187. On the other hand, in case of 24 months loan repayment tenure, the monthly EMI will be ₹8,955, while the total interest payable will be ₹17,914. However, the monthly EMI amount can vary depending on the repayment tenure, interest rate, and the loan amount. The higher down-payment you make, the loan amount gets reduced.
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