DAO Model 703 EMI Calculator

Updated on October 2026

The DAO Model 703 EMI is Rs. 2,415 per month for 36 months at 9.45% on a loan of Rs. 75,456, with a down payment of Rs. 18,785. This is based on the STD variant's on-road price of Rs. 94,241 in Delhi (ex-showroom Rs. 89,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: Model 703 On-road price | Model 703 Mileage

DAO Model 703 EMI and Down Payment (Delhi)

Ex-showroom

: Rs. 89,999

On-road price

: Rs. 94,241 (Delhi)

Loan amount

: Rs. 75,456 (On-road - Down payment)

Down payment

: Rs. 18,785 (On-road - Loan amount)

Monthly EMI

: Rs. 2,415 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 4,042

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DAO Model 703 Bike Loan EMI Calculator

On-road price (Delhi): Rs. 94,241
Down payment: Rs. 18,785
Loan amount: Rs. 75,456
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 2,415
Total interest: Rs. 11,484
Total payable: Rs. 86,940

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

DAO Model 703 Loan Interest Rates by Bank

DAO Model 703 loan rates, 36 months, loan Rs. 75,456
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 2,597 (36 months)
ICICI Bank	10.05% onwards	Rs. 2,437 (36 months)
Axis Bank	11% onwards	Rs. 2,470 (36 months)
Bank of Baroda	13.65% onwards	Rs. 2,566 (36 months)

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DAO Model 703 EMI by Tenure

For a Rs. 75,456 loan on the STD electric at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 6,614	Rs. 3,912	Rs. 79,368
24 months	Rs. 3,463	Rs. 7,656	Rs. 83,112
36 months	Rs. 2,415	Rs. 11,484	Rs. 86,940
48 months	Rs. 1,894	Rs. 15,456	Rs. 90,912
60 months	Rs. 1,583	Rs. 19,524	Rs. 94,980

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DAO Model 703

2.8 9 user reviews

Starts at ₹ 89,999

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DAO Model 703 EMI vs Splendor Plus, Activa, SP125

Hero Splendor Plus
Rs. 78,912
Splendor Plus EMI Compare with Model 703
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Rs. 76,358
Activa EMI Compare with Model 703
Honda SP125
Rs. 90,498
SP125 EMI Compare with Model 703
Hero Splendor Plus XTEC
Rs. 82,418
Splendor Plus XTEC EMI Compare with Model 703
Suzuki Access 125
Rs. 82,185
Access 125 EMI Compare with Model 703

DAO Model 703 EMI FAQs

What is the EMI for the DAO Model 703?

Rs. 2,415 per month for the STD variant (loan Rs. 75,456, 9.45%, 36 months). Over 60 months it is Rs. 1,583.

What is the down payment for the DAO Model 703?

Rs. 18,785 for STD in ZigWheels' default calculation.

Which bank has the lowest rate for a DAO Model 703 loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 2,437 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a DAO Model 703 loan?

Rs. 11,484 over 36 months on the STD loan at 9.45%.

What on-road price is the DAO Model 703 EMI based on?

Rs. 94,241 in Delhi: ex-showroom Rs. 89,999, insurance Rs. 4,042, RTO and other charges Rs. 200.

What is the difference between EMI in advance and EMI in arrears?

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. EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees.

Ask or read owner questions on DAO Model 703 Q&A

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