What is Bike Loan EMI Calculator and How We Can Use It?

Bike EMI Calculator

EMI calculators are free-to-use online tools available in bike portals as well as the official websites of lenders.

The working principle of a generic bike loan EMI calculator is quite simple. It is programmed to work by taking into account the mathematical EMI calculation formula.

Almost all bike loan EMI calculators entail a simple user interface. The UI is riddled with a series of empty labelled spaces. The user would have to fill up these empty spaces with the particulars of their bike loan. Most (if not all) EMI calculators would require the following loan particulars from a borrower.

Here goes – 

  • Loan tenure of the loan
  • Borrowed amount and
  • Rate of interest.

After the above particulars are provided as input to the calculator tool, one has to press the ‘calculate’ on-screen button. After that, the approximate EMI for the bike loan will be displayed in no time!

Why one should use a bike EMI calculator?

There are many benefits in store for borrowers who use an EMI calculator before they apply for a bike loan. Some of them are as follows – 

  • With the help of an EMI calculator, one can check whether the tentative EMIs for the loan will be affordable or not.
  • With the help of the EMI calculator, one can choose the best principal + tenure combination. In this way, the borrower can keep the EMIs and interest rate on the loan affordable.
  • With the help of an EMI calculator, the borrower can plan ahead. Ensuring that one has the financial means to support the EMIs of the loan is possible with an EMI calculator.

Must read: How To Get Instant Approvals On Bike Loan?

Here is The Latest Price List of Best Mileage Bikes in India

Bajaj Bikes

Here is the latest price list of some fuel-efficient bikes available in India.

Fuel efficiency is considered a USP in India by buyers looking for motorcycles. This post will briefly share the price, specs and mileage of some fuel-efficient bikes. 

Here goes – 

Bajaj CT 100

The Bajaj CT 100 is a mileage champion as it can return a mileage of 70 KMPL. The bike is available at Rs. 57,114* for the base trim. It is powered by a 99.27 CC motor with a power mapping set for 7.7bhp and a torque mapping set for 8.34Nm.

Bajaj Platina 110

The Platina 110 is also among the best mileage bikes in India thanks to its impressive 70 KMPL mileage. It is available at Rs. 84,988* for the base trim. The bike has a 115.45 CC engine with a power mapping set for 8.44 bhp. The torque mapping is set for 9.81 Nm.

Bajaj Platina 100

The Bajaj Platina 100 returns an unbelievable 72 KMPL real-world mileage. It is available in India at Rs. 64,225* for the base trim. The bike has a 102 CC engine with a power mapping set for 7.79 bhp. The torque mapping is set for 8.34 Nm.

Bajaj CT 110

The real-world mileage of the CT 110 is 70 KMPL. It is available at Rs. 75,865* for the base trim. The bike is powered by a 115.45 CC engine. Its power mapping is set for 8.48 bhp. The torque mapping is set for 9.81 Nm.

Check: Best Mileage Bikes in India

Bajaj Pulsar 125

The real-world mileage of the Bajaj Pulsar 125 is 50 KMPL which is impressive for a 125 CC sport-commuter bike. It is available at Rs. 1, 00,172* for the base trim. The bike’s engine is a 124.4 CC unit with a peak power mapping set for 11.64 bhp. The peak torque mapping of the engine is set at 10.8 Nm.

Please note that the prices mentioned above are ex-showroom. On-road prices will differ from city to city. For more details, visiting a Bajaj-authorised dealership is strongly advised.

Must Read: Top 5 Sports Bikes In India That You Should Buy In 2022 

Top Reasons Why Should You Apply for a Two Wheeler Loan

bike loan, Two Wheeler Loan

The prices of motorcycles in India have gone up. Hence, it makes no sense to purchase a bike with cash. 

Moreover, buying a bike through a Two wheeler loan has many benefits. Here are ten of them – 

A bike loan allows one to get the bike they want

A bike loan allows one to buy whichever bike they want. The price of the bike is not a matter of concern.

A bike loan allows one to keep their hands off their emergency funds

Buying a bike with a loan allows one to keep their hands off their savings. This ensures that one has emergency funds set aside for uncertain days.

Bike loans are affordable

Unlike other loan schemes, bike loans these days entail flexible repayment options, low interest rates and reasonable EMIs. For the best results, one must use a bike EMI calculator to learn about the best tenure + principal amount combination. This simple step will allow one to choose a bike loan with affordable EMIs and interest rates.

Bike loans boost one’s credit score and history

Buying a bike through a bike loan and paying off the debt via EMIs boosts one’s credit score and builds positive credit history.

Bike loans allow one to invest their savings on investment mediums

Buying a motorcycle via a bike loan can allow one to become richer. How? Well, one can choose to invest their savings in investment mediums and build their wealth.

A bike loan can allow one to become a master of money management

By applying for a bike loan, one can hone their money management skills. Honing one’s money management skills can ensure one has the means to pay off the EMIs on time.

For more details, consulting with a professional financial advisor would be a wise decision.

Must read: 

How We Can Calculate Bike Loan EMI Online ?

Here Are The Best Features of Bajaj Pulsar 150

Bajaj Bikes

Bajaj Auto introduced the Pulsar 150 way back in 2001. Over the years, the core design of the bike has remained unchanged. Still, it remains to be a best-selling 150 CC motorcycle.

How?

Well, the Bajaj Pulsar 150 entails quite a few USPs. They are as follows – 

  • The bike has repeatedly proved itself to be an Indian rider’s best friend. The motorcycle can be used seamlessly as a daily commuter. 
  • The engine powering the bike is known for its impressive low, mid and top-end torque. 
  • The bike accelerates impressively thanks to its low and mid-range power delivery capabilities. 
  • As per the official Bajaj bike price list, the bike entails a base price of Rs. 1, 27,075*. The top trim retails at a price of Rs. 1, 35,934*. Both prices are aggressive, to state the least.
  • The bike’s 150 CC engine has a power mapping set for 15bhp (peak). The peak torque mapping for the engine is set for 12 Nm (peak). In simple words, the Pulsar 150 offers best-in-class engine specifications and that too at reasonable prices.
  • The latest version of the Pulsar 150 is equipped with a fuel-injection system. The addition of this hardware made the bike a great performer. At the same time, the FI system made the bike more fuel-efficient.
  • The 150 CC Pulsar offers balanced handling to its rider. It means that conquering corners at high-speed or overtaking vehicles are no longer risky moves for the average rider!

For more details, one should test ride a Pulsar 150 at a Bajaj-authorised bike dealership.

Must read: Checklist That You Should Consider While Buying KTM Duke 390

Checklist That You Should Consider While Buying KTM Duke 390

Bikes Gyan, KTM Bikes

Taking long bike rides is a relaxing activity. But one has to ensure that the bike they have chosen for the ride ticks all the right boxes.

If one has been on the hunt for such a bike then they should check out the KTM Duke 390.

Why?

Well, due to the following reasons –

  • KTM updated the Duke 390. The latest iteration of the motorcycle is equipped with an all-LED headlamp unit. The centre console has a colour TFT screen with Bluetooth connectivity.
  • The bike has a single-cylinder, fuel-injected, BS6-compliant, liquid-cooled, rev-happy motor. Its cylinder has a total displacement of 373 CC. The engine is paired with a peak power mapping set for 42.9 BHP which unlocks at the ungodly 9,000 RPM! The peak torque mapping for the motor is set for 37 Nm. The peak torque is unlocked when the tachometer surpasses the 7,000 RPM mark! The power and torque figures are enough to label the bike as one of the best bikes for long rides!
  • KTM also equipped the bike with a slipper clutch. A slipper clutch, unlike a regular clutch, allows aggressive downshifts without locking up the rear wheel.
  • KTM also went ahead and paired the bike with a track-tuned 6-speed gearbox. The gear ratios have been precisely set to ensure linear power delivery from the engine to the rear wheel. The tack-tuned transmission is also advanced enough to work in tandem with KTM’s Quickshifter+ onboard technology!
  • The bike also comes equipped with a 320mm front disc brake. The rear disc brake is a 230mm unit. Both the rear and the front brake callipers are from ByBre. KTM also offers the bike with dual-channel ABS as part of the standard package.

For more details, taking a test ride of the bike is strongly advised.

Must read: Things You Must Need To Know About The KTM RC 125

Know Why Bike Loan Is The Best Option To Buy A Bike

bike loan

When one buys a bike via financing, they can enjoy several benefits. Some of them are as follows – 

One can buy the bike they want

When one buys a motorcycle after they apply for a bike loan, they will be able to buy the bike they want. If they chose to buy a bike with cash, their options would have been limited.

Furthermore, most lenders offer 0 downpayment loans these days. A 0 downpayment loan allows one to take their dream bike home without spending a single penny as a downpayment. The entire MSRP of the bike will be borne by the lender.

There is a catch – 0 Downpayment loan that entails high-interest rates and hefty EMIs. Hence, one should read the terms of the loan scheme carefully before applying. 

One can keep their savings, FDs and emergency funds untouched

Bike loans can help one to keep their emergency funds, FDs and savings are intact. Motorcycles these days cost a lot of money. Hence, buying a bike with cash means emptying one’s cash reserves!

To keep such instances at bay, a bike loan seems like a good idea. The debt can be repaid in small EMIs + affordable bike loan interest rates. Thus ensuring that one would not need to feel financially burdened or stretch their monthly budgets further!

One can practice the discipline of keeping sufficient funds in their bank account

Paying EMIs on time is essential when one buys a bike via a motorcycle loan. Defaulting on EMIs entails hefty fines. Furthermore, it would also reduce one’s credit score and place red flags on their credit history. This is why maintaining the minimum balance in one’s bank account is essential. In case one often keeps INR 0 in their bank account, they can change this habit in no time. 

Must read: How To Get Instant Approval on Two Wheeler Loan?

How To Get Instant Approvals On Bike Loan?

bike loan, Two Wheeler Loan

Applying for a motorcycle loan is a necessity these days. The reason is simple – the prices of bikes in India have been increasing steadily. Hence, one can’t buy a bike with cash.

Bike loans can help one to buy their dream bike. But if they fail to follow certain tips, their loan application might get rejected.

What are those tips?

They are as follows – 

  • Before applying for a two-wheeler loan, the borrower should use a bike loan EMI calculator. An EMI calculator is a free-to-use tool that is available on the websites of leading two-wheeler portals. One can also find these nifty tools on the official websites of their preferred lenders. Why use these tools? 
  • Well, by using an EMI calculator, one can get an idea of the EMIs they would have to bear for the motorcycle loan. Learning about the EMI before applying for the loan will allow one to ensure that one can afford the loan. Failing to pay EMIs on time entails hefty penalties. Furthermore, defaulting on EMIs will also reduce the credit score of the borrower. EMI defaults will also place red flags in the credit history of the borrower. To keep all of these at bay, using an EMI calculator tool is the way of the wise.
  • The borrower should double-check the KYC details they have offered to their lender. Inaccurate KYC details will result in loan application rejections.
  • Borrowers should apply for motorcycle loans if and only if their credit score is above 750.

For more details, consulting with a reputed financial advisor is strongly advised i.e Bajaj Auto Finance.

Must read: What is Bike Loan EMI Calculator and How Does it Work?

Things You Must Need To Know About The KTM RC 125

Bikes Gyan, KTM Bikes

The 2022 iteration of the RC 125 is a massive upgrade from its predecessor. Read on to learn more.

KTM recently unveiled the 2022 iteration of the RC 125. The upgrades were not limited to aesthetics. The Austrian OEM made sure that the changes trickled down to onboard features. There are also quite a few electromechanical adjustments made on the bike.

The entire bodywork of the KTM RC 125 has been heavily inspired by the fabled KTM RC8.

The bike now looks less sharp, to be honest, but it made the motorcycle more aerodynamic. More aerodynamic design means increased fuel efficiency. The bike now can run for 40 kilometres on a litre of petrol.

The visor on the bike is shaped like a bubble. The fairing on the bike as well as its fuel tank has been redesigned. The dual-projector headlamps are replaced by a single headlamp unit with a halogen bulb.

The turn indicators at the front are integrated into the front fairing. The subframe of the bike has been mechanically tweaked. This ensured that the pillion seat has more surface area thus allowing more wiggle room for the pillion rider.

The bike is available at a starting price of Rs. 2, 12,821*. Hence, it is best to apply for a bike loan from a reputed lender.

The fuel tank capacity now stands at 13.7-litres. The engine is the same 124 CC, fuel-injected, liquid-cooled, single-cylinder, BS6-compliant unit. The air intake has been revised and it is now a larger unit. The larger air intake now allows the engine to offer more low-end torque. The radiator unit, cooling the engine has been tweaked as well thus leading to better heat dissipation.

Other features on the 2022 RC 125 are as follows – 

  • A brand new LCD instrument cluster
  • WP Apex USD fork suspension for the front wheel.
  • WP Apex mono-shock suspension for the rear wheel.
  • 320mm front disc
  • 200mm rear disc and
  • Light 5-spoke wheels.

To learn more, booking a test ride at a KTM authorised dealership is strongly advised.

Must read: Top Reasons Why You Should Buy KTM Duke 200

Bajaj CT 100 – Best Things That You Should Know

Bajaj Bikes, Bikes Gyan

The CT 100 is one of the best low displacement motorcycles available in India. Read this post to learn some interesting facts about the bike. 

Bajaj Auto has always been renowned for making value-for-money motorcycles. Furthermore, all Bajaj bikes are known for low maintenance and running costs.

The Bajaj CT 100 is no exception.

Here are some interesting facts about the bike – 

  • The bike is categorized as a commuter motorcycle that is meant for suburban and rural riders.
  • The bike is offered in three trims.
  • The bike is extremely fuel-efficient. As a matter of fact, the bike is often labelled as one of the best mileage bikes in India. This is not a marketing gimmick as it has a real-world mileage of more than 70 KMPL! 
  • The bike is built around a single-cradle frame.
  • The bike has a 102 CC, BS6-compliant engine and is fuel injected.
  • The engine is tuned to deliver 7.7bhp of peak power and 8.34Nm of peak torque to the rear wheel.
  • The engine is mated to a smooth-shifting 4-speed gearbox with refined gear ratios.
  • The rear wheel gets two SNS (Spring iN Spring) suspension units. The front wheel gets a telescopic fork suspension. 
  • The top trim of the bike is equipped with a fuel gauge, rubber tank pads, a large grab rail and redesigned seats. Longer mirror stalks and clear-lens indicators are also available in the top variant of the bike.
  • The bike is available with three impressive paint schemes. They are ebony black with red decals, ebony black with blue decals and flaming red.

For more details such as its average ex-showroom price, one must contact the nearest Bajaj dealership today!

Must read: Top 6 Things to Know About Platina 110 H Gear

Best Mileage Bikes in India at Reasonable Prices

Bikes Gyan

With surging fuel prices, it is natural for one to seek mileage focussed bikes while buying a two-wheeler. Read this post to learn about some of the most fuel-efficient bikes money can buy!

The price of essential fuels like petrol is being hiked every once in a while. Hence, bikers of India are now seeking fuel-efficient and reasonably priced motorcycles. Bajaj and KTM are two leading bike brands in India. These OEMs offer reasonably priced motorcycles with otherworldly mileage.

In this context, here is a list of some of the best mileage bikes in India – 

Bajaj CT 110 

The Bajaj CT 110 returns an impressive mileage of 70 KMPL in real-world conditions. Bajaj offers the bike at an average ex-showroom price of Rs. 69,064*. The top-spec variant is offered at Rs. 76,219*. The bike comes with seven colour options. The motor of the bike is a 115.45 CC, single-cylinder unit. It is BS6-compliant and is tuned to produce 8.48 bhp. The peak torque output of the motor is 9.81 Nm. Bajaj offers the bike with front and rear drum brakes. The bike comes with Bajaj’s passive safety system known as Combined Braking System.

Bajaj Platina 110

The real-world mileage of Bajaj Platina 110 is 70 KMPL. The bike is offered at an average starting price of Rs. 76,605* in India. The top trim is offered at an average price of Rs. 79,970*. The motorcycle is offered in six colour options. The motor on the bike is a 115.45 CC, BS6-compliant unit. It is tuned to produce 8.44 bhp of peak power. The peak torque is limited to 9.81 Nm. The bike is offered with front disc brakes and paired with a single-channel ABS. The rear wheel, however, is paired with a traditional drum brake. It is paired with Bajaj’s anti-skid technology.

KTM Duke 125

The real-world mileage of the KTM Duke 125 is 40 KMPL. It comes with a price tag of Rs. 2, 00,558* in India. The bike is offered in a single trim and colour option. The engine is a 124.71 CC, BS6-compliant, fuel-injected, liquid-cooled unit. It is capable of producing 14.3 bhp of peak power. The peak torque is limited to 12 Nm. The bike is equipped with front and rear disc brakes. They are paired with single-channel ABS. The brake callipers are from ByBre. The front and rear suspension units are from the WP Apex range. The bike rides on the track-tested Trellis frame. It comes with all the best bits from its more powerful siblings.

Must read: Best Bikes for Long Rides (Drive) in India