Indian Roadmaster Elite EMI Calculator


Updated on October 2026
The Indian Roadmaster Elite EMI is Rs. 1,98,837 per month for 36 months at 9% on a loan of Rs. 62,52,803, with a down payment of Rs. 14,82,618. This is based on the STD variant's on-road price of Rs. 77,35,421 in Sabarkantha (ex-showroom Rs. 71,82,000). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Roadmaster Elite On-road price | Roadmaster Elite Mileage

Indian Roadmaster Elite EMI and Down Payment (Sabarkantha)

Ex-showroom
: Rs. 71,82,000
On-road price
: Rs. 77,35,421  (Sabarkantha)
Loan amount
: Rs. 62,52,803  (On-road - Down payment)
Down payment
: Rs. 14,82,618  (On-road - Loan amount)
Monthly EMI
: Rs. 1,98,837  (For Tenure of 36 months @ 9%; banks start from 10.05%)
Insurance
: Rs. 1,22,501
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Indian Roadmaster Elite Bike Loan EMI Calculator

On-road price (Sabarkantha)
Rs. 77,35,421
Down payment
Rs. 14,82,618
Loan amount
Rs. 62,52,803
Interest rate
9%
Tenure
36 months
Monthly EMI
Rs. 1,98,837
Total interest
Rs. 9,05,329
Total payable
Rs. 71,58,132
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
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Indian Roadmaster Elite Loan Interest Rates by Bank

Indian Roadmaster Elite loan rates, 36 months, loan Rs. 62,52,803
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 2,15,228 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 2,01,907 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 2,04,709 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 2,12,645 (36 months)
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Indian Roadmaster Elite EMI by Tenure

For a Rs. 62,52,803 loan on the STD petrol at 9%.

Tenure EMI Total Interest Total Payable
12 months Rs. 5,46,817 Rs. 3,09,001 Rs. 65,61,804
24 months Rs. 2,85,658 Rs. 6,02,989 Rs. 68,55,792
36 months Rs. 1,98,837 Rs. 9,05,329 Rs. 71,58,132
48 months Rs. 1,55,601 Rs. 12,16,045 Rs. 74,68,848
60 months Rs. 1,29,798 Rs. 15,35,077 Rs. 77,87,880
Indian Roadmaster Elite
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Indian Roadmaster Elite
2.8 1 user reviews
Starts at ₹ 71,82,000
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Indian Roadmaster Elite EMI vs CVO Road Glide, CVO Street Glide

Indian Roadmaster Elite EMI FAQs

What is the EMI for the Indian Roadmaster Elite?

Rs. 1,98,837 per month for the STD variant (loan Rs. 62,52,803, 9%, 36 months). Over 60 months it is Rs. 1,29,798.

What is the down payment for the Indian Roadmaster Elite?

Rs. 14,82,618 for STD in ZigWheels' default calculation.

Which bank has the lowest rate for a Indian Roadmaster Elite loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 2,01,907 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Indian Roadmaster Elite loan?

Rs. 9,05,329 over 36 months on the STD loan at 9%.

What on-road price is the Indian Roadmaster Elite EMI based on?

Rs. 77,35,421 in Sabarkantha: ex-showroom Rs. 71,82,000, insurance Rs. 1,22,501, RTO and other charges Rs. 4,30,920.

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.

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