Thinking about buying a new bike or scooter on loan? Use our Bike Loan EMI Calculator to know your monthly EMI before you apply. Whether you’re purchasing a budget-friendly commuter or a premium bike, this tool helps you plan your loan repayment with ease.
Monthly Loan EMI
₹
Total Interest Payable
₹
Total Payment
(Principal + Interest)
₹
What is a Bike Loan EMI?
A Bike Loan EMI is the monthly payment you make to repay your two-wheeler loan. It includes:
- ✅ Principal – The loan amount you borrow
- ✅ Interest – The cost of borrowing from the bank or finance company
The EMI remains fixed during your chosen tenure, helping you manage your budget confidently.
How to Use the Bike Loan EMI Calculator?
Just enter these simple inputs to get instant results:
- Loan Amount (e.g., ₹80,000)
- Interest Rate (e.g., 10% per annum)
- Loan Tenure (e.g., 24 months)
Click “Calculate” and the tool will show:
- Monthly EMI
- Total Interest Payable
- Total Loan Repayment Amount
You can adjust the values to compare different loan plans and choose what fits your budget.
Why Use This EMI Calculator?
- ⏱️ Quick & Easy – Get EMI results in seconds
- 💡 Smart Budgeting – Know how much you’ll pay monthly
- 🛵 Tailored for Bikes & Scooters – Works for all two-wheeler loan types
- 🏦 Compatible with All Banks – SBI, HDFC, Bajaj, Hero FinCorp, etc.
Example: Bike Loan EMI Calculation
If you take a bike loan of ₹1,00,000 at 11% interest for 3 years:
- Monthly EMI = ₹3,274 approx.
- Total Interest = ₹17,867
- Total Repayment = ₹1,17,867
Use the calculator to try different interest rates and tenures before finalizing your loan.
Who Can Use This Calculator?
This calculator is useful for:
- First-time bike buyers
- Students or salaried professionals
- Anyone applying for a loan from banks, NBFCs, or showroom finance
It works perfectly for both new bikes and used two-wheeler loans.
Tips to Get a Better Bike Loan Deal
- Maintain a good CIBIL score
- Make a higher down payment
- Compare interest rates from multiple lenders
- Choose a shorter tenure if you can afford higher EMIs
Final Thoughts
Don’t wait until after buying your bike to think about EMIs. Use our Bike Loan EMI Calculator to understand your monthly payments in advance and choose a plan that suits your needs.
👉 Try it now and ride home stress-free!