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Atul GEM Cargo EMI Calculator

Down Payment

26,600

Bank Interest Rate

10%

Loan Period(Months)

60

EMI

per month

0

Calculated on Ex-showroom Price

*Ex-showroom Price

2,66,000

Priciple amount

2,39,400

Total interest

0

Total Amount

0

Atul GEM Cargo Loan EMI Calculator

Atul GEM Cargo Loan EMI starts at ₹ 5087 per month with a down payment of ₹ 26,600 for 60 months tenure at the interest rate of 10% (depends upon the bank). You can choose the EMI options for the given loan amount on quarterly, half-yearly, and yearly basis. Note that each option will alter the amount of EMI payment.

Our CMV360 EMI Calculator tool helps you to break down the total payable amount and to find the best three wheeler finance options for your GEM Cargo. That will give you a detail insights of your purchase.

Atul GEM Cargo Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(60 MONTHS)
Atul GEM Cargo 10% ₹ 26,600 ₹ 5,087

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Frequently Asked Questions


Atul GEM Cargo EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 5,087 with the down payment of ₹ 26,600 at the interest rate of 10% for 5 year (varies from bank to bank).

It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 7.50% and goes up to 24% per annum.

Atul GEM Cargo Minimum down payment starts from ₹ 26,600. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

You will have to pay ₹ 26,600 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 5,087.

Following documents are required for Atul GEM Cargo loan :

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Statements
  • Vehicle Details
  • Business Proof
  • Photographs

The 2024 price for the Atul GEM Cargo starts from ₹ 2.66 Lakh Onwards . Although it can vary slightly from state to state and city to city.

To calculate the Equated Monthly Installment (EMI) for a Atul GEM Cargo, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for Atul GEM Cargo EMI Calculation: The formula for calculating EMI is as follows:

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

EMI: Equated Monthly Installment

P: Principal loan amount (the loan amount)

R: Monthly interest rate (annual rate divided by 12 and expressed as a decimal)

N: Loan tenure in months

CMV360 assists you in locating the closest dealerships on Atul GEM Cargo where you can avail of excellent deals and purchase the Atul GEM Cargo with the most affordable monthly EMI.

Atul is here to redefine affordability with our exclusive EMI offer for the mighty Atul GEM Cargo. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.
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Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

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