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OSM Rage Plus EMI Calculator

OSM Rage Plusthree-wheelers

OSM Rage Plus EMI Calculator

3.70 Lakh*

EMI Starts @ ₹5,980/month

Calculate your Loan EMI for OSM Rage Plus

OSM
Rage Plus

Ex-Showroom Price ₹3,70,000*

Calculate your Loan EMI for OSM Rage Plus Change Model

OSM Rage Plus EMI

EMI starting from

₹ 0 per month

₹ 0₹ 3,70,000

Principal Amount

₹ 3,33,000

Interest Amount

₹ 0

₹ 0

Down Payment

₹37,000

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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OSM Rage Plus Loan EMI Calculator

OSM Rage Plus Loan EMI starts at ₹ 5980 per month with a down payment of ₹ 37,000 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 Rage Plus. That will give you a detail insights of your purchase.

OSM Rage Plus Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
OSM Rage Plus 12.57% ₹ 37,000 ₹ 5,980

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        FAQs about Rage Plus EMI

        OSM Rage Plus EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 5,980 with the down payment of ₹ 37,000 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.

        OSM Rage Plus Minimum down payment starts from ₹ 37,000. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

        You will have to pay ₹ 37,000 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 5,980.

        Following documents are required for OSM Rage Plus loan :

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

        The 2024 price for the OSM Rage Plus starts from ₹ 3.70 Lakh Onwards . Although it can vary slightly from state to state and city to city.

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

        Formula for OSM Rage Plus 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 OSM Rage Plus where you can avail of excellent deals and purchase the OSM Rage Plus with the most affordable monthly EMI.

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

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