Avore EX2 EMI Calculator

Updated on November 2026

The Avore EX2 EMI is Rs. 4,089 per month for 36 months at 9.45% on a loan of Rs. 1,27,728, with a down payment of Rs. 31,408. This is based on the STD variant's on-road price of Rs. 1,59,136 in Delhi (ex-showroom Rs. 1,49,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: EX2 On-road price | EX2 Mileage

Avore EX2 EMI and Down Payment

Ex-showroom

: Rs. 1,49,999

On-road price

: Rs. 1,59,136 (Delhi)

Loan amount

: Rs. 1,27,728 (On-road price - Down payment)

Down payment

: Rs. 31,408 (Amount paid upfront)

Monthly EMI

: Rs. 4,089 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 8,937

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Avore EX2 Bike Loan EMI Calculator

Variant: STD
On-road price (Delhi): Rs. 1,59,136
Down payment: Rs. 31,408
Loan amount: Rs. 1,27,728
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 4,089

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Avore EX2 Bike Loan EMI & Loan Breakdown

Monthly EMI

Rs. 4,089

36 months @ 9.45%

Down paymentRs. 31,408
Loan amountRs. 1,27,728
Total interestRs. 19,476
Total loan repayment (EMIs)Rs. 1,47,204
Total purchase outlayRs. 1,78,612

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the STD costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

Year	Principal paid	Interest paid	Outstanding loan
Year 1 Months 1-12	Rs. 38,643	Rs. 10,425	Rs. 89,085
Year 2 Months 13-24	Rs. 42,457	Rs. 6,611	Rs. 46,628
Year 3 Months 25-36	Rs. 46,628	Rs. 2,440	Rs. 0

Avore EX2 Loan Interest Rates by Bank

Avore EX2 loan rates, 36 months, loan Rs. 1,27,728
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 4,397 (36 months)
ICICI Bank	10.05% onwards	Rs. 4,124 (36 months)
Axis Bank	11% onwards	Rs. 4,182 (36 months)
Bank of Baroda	13.65% onwards	Rs. 4,344 (36 months)

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Avore EX2 EMI by Tenure

For a Rs. 1,27,728 loan on the STD at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 11,197	Rs. 6,636	Rs. 1,34,364
24 months	Rs. 5,862	Rs. 12,960	Rs. 1,40,688
36 months	Rs. 4,089	Rs. 19,476	Rs. 1,47,204
48 months	Rs. 3,206	Rs. 26,160	Rs. 1,53,888
60 months	Rs. 2,679	Rs. 33,012	Rs. 1,60,740

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Avore EX2

5.0 0 user reviews

Starts at ₹ 1,49,999

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Avore EX2 Variant-Wise EMI

On-road prices in Delhi. Every variant uses the same rule: the loan runs 36 months at 9.45%, and the down payment is the on-road price minus the loan.

EX2 Variants	Fuel/Transmission	Ex-showroom	On-road Price	Loan @9.45%	Down Payment	EMI (36 months)
STD	Electric	Rs. 1,49,999	Rs. 1,59,136	Rs. 1,27,728	Rs. 31,408	Rs. 4,089
STD	Electric	Rs. 1,69,999	Rs. 1,79,293	Rs. 1,45,152	Rs. 34,141	Rs. 4,646

How Is the Avore EX2 EMI Calculated?

EMI = [P × r × (1 + r)ⁿ] ÷ [(1 + r)ⁿ − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the STD variant: P = Rs. 1,27,728, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 4,089.

The calculation starts from the Delhi on-road price of Rs. 1,59,136 (ex-showroom Rs. 1,49,999 plus insurance, RTO and other charges).

Factors That Affect Your Avore EX2 Loan EMI

Down payment: Every Rs. 10,000 of extra down payment lowers the EMI by about Rs. 320 at 9.45% for 36 months.
Interest rate: A rate 1% higher adds about Rs. 59 to the EMI on a Rs. 1,27,728 loan. Starting rates from the banks on this page range from 10.05% to 14.5%.
Loan tenure: Over 12 months the EMI is Rs. 11,197; over 60 months it drops to Rs. 2,679 but you pay Rs. 26,376 more in interest.
Variant and city: In Delhi the EMI ranges from Rs. 4,089 (STD) to Rs. 4,646 (STD). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Avore EX2 EMI vs Hunter 350, Pulsar N160 S, R15 V4

Starting EMI of each model's base variant, worked out the same way as the Avore EX2: the down payment is the on-road price minus the loan, and the rate depends on the price, so check it in each row.

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Royal Enfield Hunter 350 Base	Rs. 1,72,776	Rs. 3,744	36 months	9.45%	Compare with EX2
Bajaj Pulsar N160 S STD	Rs. 1,56,531	Rs. 3,576	36 months	11.99%	Compare with EX2
Yamaha R15 V4 Racing Blue Without Quickshifter	Rs. 2,00,668	Rs. 4,782	36 months	9.45%	Compare with EX2
Bajaj Pulsar NS200 Dual Channel USD	Rs. 1,73,230	Rs. 3,958	36 months	11.99%	Compare with EX2

Frequently Asked Questions About Avore EX2 EMI

What is the monthly EMI for the Avore EX2?

Rs. 4,089 a month for the STD, on a Rs. 1,27,728 loan at 9.45% for 3 years. The top STD works out to Rs. 4,646.

How much down payment is required for the Avore EX2?

About Rs. 31,408 for the STD in Delhi. That's the on-road price of Rs. 1,59,136 minus the Rs. 1,27,728 loan.

How does the loan tenure affect the Avore EX2 EMI?

Over 1 year the EMI is Rs. 11,197 and you pay Rs. 6,636 in interest. Stretch it to 5 years and the EMI drops to Rs. 2,679, but interest rises to Rs. 33,012.

Is the Avore EX2 EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the STD costs Rs. 1,59,136 on-road, which includes Rs. 8,937 insurance and Rs. 200 RTO and other charges.

Does the Avore EX2 EMI calculator include the processing fee?

Yes. The Rs. 2,950 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Avore EX2 loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 1,27,728 loan comes to Rs. 4,124 a month.

Ask or read owner questions on Avore EX2 Q&A

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