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Greaves Eltra EMI Calculator

Greaves Eltrathree-wheelers

4.02 Lakh*

EMI Starts @ ₹6,504/month

Calculate your Loan EMI for Greaves Eltra

Greaves
Eltra

Ex-Showroom Price ₹4,02,415*

Calculate your Loan EMI for Greaves Eltra Change Model

Greaves Eltra EMI

EMI starting from

₹ 0 per month

₹ 0₹ 4,02,415

Principal Amount

₹ 3,62,173.5

Interest Amount

₹ 0

₹ 0

Down Payment

₹40,241.5

Bank Interest Rate

12.57%

Loan Period (Months)

84

12243648607284

*Processing fee and other loan charges are not included.

Disclaimer:- Applicable rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.

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Greaves Eltra Loan EMI Calculator

Greaves Eltra Loan EMI starts at ₹ 6504 per month with a down payment of ₹ 40,241.5 for 84 months tenure at the interest rate of 12.57% (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 Eltra. That will give you a detail insights of your purchase.

Greaves Eltra Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
Greaves Eltra 12.57% ₹ 40,241.5 ₹ 6,504

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        FAQs about Eltra EMI

        Greaves Eltra EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 6,504 with the down payment of ₹ 40,241.5 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.

        Greaves Eltra Minimum down payment starts from ₹ 40,241.5. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

        You will have to pay ₹ 40,241.5 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 6,504.

        Following documents are required for Greaves Eltra loan :

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

        The 2025 price for the Greaves Eltra starts from ₹ 4.02 Lakh Onwards . Although it can vary slightly from state to state and city to city.

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

        Formula for Greaves Eltra 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 Greaves Eltra where you can avail of excellent deals and purchase the Greaves Eltra with the most affordable monthly EMI.

        Greaves is here to redefine affordability with our exclusive EMI offer for the mighty Greaves Eltra. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.

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