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Mini Metro Gold Rickshaw EMI Calculator

Mini Metro Gold Rickshawthree-wheelers

1.56 Lakh*

EMI Starts @ ₹2,521/month

Calculate your Loan EMI for Mini Metro Gold Rickshaw

Mini Metro
Gold Rickshaw

Ex-Showroom Price ₹1,56,000*

Calculate your Loan EMI for Mini Metro Gold Rickshaw Change Model

Mini Metro Gold Rickshaw EMI

EMI starting from

₹ 0 per month

₹ 0₹ 1,56,000

Principal Amount

₹ 1,40,400

Interest Amount

₹ 0

₹ 0

Down Payment

₹15,600

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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Mini Metro Gold Rickshaw Loan EMI Calculator

Mini Metro Gold Rickshaw Loan EMI starts at ₹ 2521 per month with a down payment of ₹ 15,600 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 Gold Rickshaw. That will give you a detail insights of your purchase.

Mini Metro Gold Rickshaw Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
Mini Metro Gold Rickshaw 12.57% ₹ 15,600 ₹ 2,521

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        FAQs about Gold Rickshaw EMI

        Mini Metro Gold Rickshaw EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 2,521 with the down payment of ₹ 15,600 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.

        Mini Metro Gold Rickshaw Minimum down payment starts from ₹ 15,600. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

        You will have to pay ₹ 15,600 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 2,521.

        Following documents are required for Mini Metro Gold Rickshaw loan :

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

        The 2024 price for the Mini Metro Gold Rickshaw starts from ₹ 1.56 Lakh Onwards . Although it can vary slightly from state to state and city to city.

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

        Formula for Mini Metro Gold Rickshaw 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 Mini Metro Gold Rickshaw where you can avail of excellent deals and purchase the Mini Metro Gold Rickshaw with the most affordable monthly EMI.

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

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