Indian Roadmaster Dark Horse EMI Calculator


Updated on November 2026
The Indian Roadmaster Dark Horse EMI is Rs. 1,34,191 per month for 36 months at 9% on a loan of Rs. 42,19,873, with a down payment of Rs. 11,05,749. This is based on the PowerPlus 112 variant's on-road price of Rs. 53,25,622 in Dewas (ex-showroom Rs. 48,49,000). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Roadmaster Dark Horse On-road price

Indian Roadmaster Dark Horse EMI and Down Payment

Ex-showroom
: Rs. 48,49,000
On-road price
: Rs. 53,25,622  (Dewas)
Loan amount
: Rs. 42,19,873  (On-road price - Down payment)
Down payment
: Rs. 11,05,749  (Amount paid upfront)
Monthly EMI
: Rs. 1,34,191  (For Tenure of 36 months @ 9%; banks start from 10.05%)
Insurance
: Rs. 88,502
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Indian Roadmaster Dark Horse Bike Loan EMI Calculator

Variant
PowerPlus 112
On-road price (Dewas)
Rs. 53,25,622
Down payment
Rs. 11,05,749
Loan amount
Rs. 42,19,873
Interest rate
9%
Tenure
36 months
Monthly EMI
Rs. 1,34,191
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

Indian Roadmaster Dark Horse Bike Loan EMI & Loan Breakdown

Monthly EMI
Rs. 1,34,191
36 months @ 9%
  • Down paymentRs. 11,05,749
  • Loan amountRs. 42,19,873
  • Total interestRs. 6,11,003
  • Total loan repayment (EMIs)Rs. 48,30,876
  • Total purchase outlayRs. 59,36,625

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the PowerPlus 112 costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

YearPrincipal paidInterest paidOutstanding loan
Year 1 Months 1-12Rs. 12,82,552Rs. 3,27,740Rs. 29,37,321
Year 2 Months 13-24Rs. 14,02,865Rs. 2,07,427Rs. 15,34,456
Year 3 Months 25-36Rs. 15,34,456Rs. 75,836Rs. 0
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Indian Roadmaster Dark Horse Loan Interest Rates by Bank

Indian Roadmaster Dark Horse loan rates, 36 months, loan Rs. 42,19,873
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 1,45,252 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 1,36,263 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 1,38,153 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 1,43,509 (36 months)
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Indian Roadmaster Dark Horse EMI by Tenure

For a Rs. 42,19,873 loan on the PowerPlus 112 at 9%.

Tenure EMI Total Interest Total Payable
12 months Rs. 3,69,034 Rs. 2,08,535 Rs. 44,28,408
24 months Rs. 1,92,784 Rs. 4,06,943 Rs. 46,26,816
36 months Rs. 1,34,191 Rs. 6,11,003 Rs. 48,30,876
48 months Rs. 1,05,012 Rs. 8,20,703 Rs. 50,40,576
60 months Rs. 87,598 Rs. 10,36,007 Rs. 52,55,880
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How Is the Indian Roadmaster Dark Horse 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 PowerPlus 112 variant: P = Rs. 42,19,873, r = (9 ÷ 12) ÷ 100 = 0.0075 and n = 36 months, which gives an EMI of Rs. 1,34,191.

The calculation starts from the Dewas on-road price of Rs. 53,25,622 (ex-showroom Rs. 48,49,000 plus insurance, RTO and other charges).

Factors That Affect Your Indian Roadmaster Dark Horse Loan EMI

  • Down payment: Every Rs. 10,000 of extra down payment lowers the EMI by about Rs. 318 at 9% for 36 months.
  • Interest rate: A rate 1% higher adds about Rs. 1,972 to the EMI on a Rs. 42,19,873 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. 3,69,034; over 60 months it drops to Rs. 87,598 but you pay Rs. 8,27,472 more in interest.
  • Variant and city: The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Indian Roadmaster Dark Horse EMI vs Gold Wing, Challenger Limited, Roadmaster Limited

Starting EMI of each model's base variant, worked out the same way as the Indian Roadmaster Dark Horse: the down payment is the on-road price minus the loan.

ModelOn-road PriceEMITenureInterest RateCompare
Honda Gold Wing STD Rs. 48,66,996 Rs. 1,22,580 36 months 9% Compare with Roadmaster Dark Horse
Indian Challenger Limited 112 Rs. 46,20,717 Rs. 1,16,346 36 months 9% Compare with Roadmaster Dark Horse
Indian Roadmaster Limited PowerPlus 112 Rs. 53,51,892 Rs. 1,34,856 36 months 9% Compare with Roadmaster Dark Horse
Indian Pursuit Dark Horse STD Rs. 47,45,498 Rs. 1,19,505 36 months 9% Compare with Roadmaster Dark Horse

Frequently Asked Questions About Indian Roadmaster Dark Horse EMI

What is the monthly EMI for the Indian Roadmaster Dark Horse?

Rs. 1,34,191 a month for the PowerPlus 112, on a Rs. 42,19,873 loan at 9% for 3 years.

How much down payment is required for the Indian Roadmaster Dark Horse?

About Rs. 11,05,749 for the PowerPlus 112 in Dewas. That's the on-road price of Rs. 53,25,622 minus the Rs. 42,19,873 loan.

How does the loan tenure affect the Indian Roadmaster Dark Horse EMI?

Over 1 year the EMI is Rs. 3,69,034 and you pay Rs. 2,08,535 in interest. Stretch it to 5 years and the EMI drops to Rs. 87,598, but interest rises to Rs. 10,36,007.

Is the Indian Roadmaster Dark Horse EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Dewas the PowerPlus 112 costs Rs. 53,25,622 on-road, which includes Rs. 88,502 insurance and Rs. 3,88,120 RTO and other charges.

Does the Indian Roadmaster Dark Horse EMI calculator include the processing fee?

Yes. The Rs. 5,450 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Indian Roadmaster Dark Horse loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 42,19,873 loan comes to Rs. 1,36,263 a month.

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