Hero Electric NYX EMI Calculator
The calculated EMI for Hero Electric NYX is Rs. 1,151 per month @ 9.45% for a tenure of 36 months for a loan amount of Rs. 35,973. Check out the ZigWheels EMI calculator to find the best car finance for Hero Electric NYX or calculate loan interest rate and equated monthly instalments(EMI) by entering the amount of car loan that you wish to take. The ZigWheels EMI calculator calculates instalment on reducing balance.
NYX Hero Electric Nyx EMI Calculations Explained
Ex-showroom
: Rs. 39,970
On-road price
: Rs. 39,970 (Ex-showroom + RTO + Insurance + Others)
Loan amount
: Rs. 35,973 (90 % of Ex-showroom)
Down payment
: Rs. 8,098 (On-road + Processing fees + EMI - Loan amount)
Monthy EMI
: Rs. 1,151 (For Tenure of 36 months @ 9.45%)
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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.
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Hero Electric NYX Overview
Disclaimer : The data/calculations generated herein is completely and solely based on the information/details provided herein in response to the questions specified by Girnar Software Pvt. Ltd. on its ZigWheels.com Site is only for user's convenience and information purposes in Indian Currency. Read More
These questions and the calculations thereon resulting in specific data are developed and based on certain tools and calculators that are made available to Girnar Software Pvt. Ltd. and are based on pre-determined presumptions/assumptions. Girnar Software Pvt. Ltd., while providing and developing these tools, has relied upon and assumed, without independent verification, the accuracy and completeness of all information made available to it from public / private sources and vendors or which has otherwise been reviewed by Girnar Software Pvt. Ltd.
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