Question 1

How much is the EMI for Lohia Narain Cargo?

Accepted Answer

Lohia Narain 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 ₹ 1,471 with the down payment of ₹ 9,100 at the interest rate of 10% for 5 year (varies from bank to bank).

Question 2

How much is the interest rate for Lohia Narain Cargo loan?

Accepted Answer

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.

Question 3

What will be the lowest down payment for Lohia Narain Cargo?

Accepted Answer

Lohia Narain Cargo Minimum down payment starts from ₹ 9,100. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

Question 4

How much is the EMI for Lohia Narain Cargo at a Rs.10% of the Ex-showroom Price down payment of 15% for 60 months?

Accepted Answer

You will have to pay ₹ 9,100 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 1,471.

Question 5

What documents are required for Lohia Narain Cargo three wheeler loan.

Accepted Answer

Following documents are required for Lohia Narain Cargo loan :

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

Question 6

What is the price of Lohia Narain Cargo in 2024?

Accepted Answer

The 2024 price for the Lohia Narain Cargo starts from ₹ 91,000 Onwards . Although it can vary slightly from state to state and city to city.

Question 7

How to calculate EMI for Lohia Narain Cargo?

Accepted Answer

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

Formula for Lohia Narain 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

Question 8

Where can I buy Lohia Narain Cargo on EMI?

Accepted Answer

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

Question 9

What is Lohia Narain Cargo EMI offer?

Accepted Answer

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

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