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Reep L5 Open Load Body EMI Calculator
4.30 Lakh*
EMI Starts @ ₹6,950/month
Calculate your Loan EMI for Reep L5 Open Load Body
Ex-Showroom Price ₹4,30,000*
Calculate your Loan EMI for Reep L5 Open Load Body Change Model
Reep L5 Open Load Body EMI
EMI starting from
₹ 0 per month
Principal Amount
₹ 3,87,000
Interest Amount
₹ 0
₹ 0
₹43,000
12.57%
84
*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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Reep L5 Open Load Body Loan EMI Calculator
Reep L5 Open Load Body Loan EMI starts at ₹ 6950 per month with a down payment of ₹ 43,000 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 L5 Open Load Body. That will give you a detail insights of your purchase.
Reep L5 Open Load Body Down Payment and EMI
| Brand Model | LOAN @ RATE% | DOWN PAYMENT | EMI AMOUNT(84 MONTHS) |
|---|---|---|---|
| Reep L5 Open Load Body | 12.57% | ₹ 43,000 | ₹ 6,950 |
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FAQs about L5 Open Load Body EMI
Following documents are required for Reep L5 Open Load Body loan :
- Identity Proof
- Address Proof
- Income Proof
- Bank Statements
- Vehicle Details
- Business Proof
- Photographs
To calculate the Equated Monthly Installment (EMI) for a Reep L5 Open Load Body, you'll need to consider the loan amount, interest rate, and loan tenure.
Formula for Reep L5 Open Load Body 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
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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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