JHEV Alfa R1 EMI Calculator


Updated on October 2026
The JHEV Alfa R1 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: Alfa R1 On-road price | Alfa R1 Mileage

JHEV Alfa R1 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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JHEV Alfa R1 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 EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan
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JHEV Alfa R1 Loan Interest Rates by Bank

JHEV Alfa R1 loan rates, 36 months, loan Rs. 75,456
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 2,597 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 2,437 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 2,470 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 2,566 (36 months)
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JHEV Alfa R1 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
JHEV Alfa R1
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JHEV Alfa R1
Starts at ₹ 89,999
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JHEV Alfa R1 EMI vs Splendor Plus, Activa, SP125

JHEV Alfa R1 EMI FAQs

What is the EMI for the JHEV Alfa R1?

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 JHEV Alfa R1?

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

Which bank has the lowest rate for a JHEV Alfa R1 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 JHEV Alfa R1 loan?

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

What on-road price is the JHEV Alfa R1 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.

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