JHEV Alfa R3 EMI Calculator


Updated on October 2026
The JHEV Alfa R3 EMI is Rs. 3,391 per month for 36 months at 9.45% on a loan of Rs. 1,05,948, with a down payment of Rs. 24,713. This is based on the STD variant's on-road price of Rs. 1,30,661 in Delhi (ex-showroom Rs. 1,24,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Alfa R3 On-road price | Alfa R3 Mileage

JHEV Alfa R3 EMI and Down Payment (Delhi)

Ex-showroom
: Rs. 1,24,999
On-road price
: Rs. 1,30,661  (Delhi)
Loan amount
: Rs. 1,05,948  (On-road - Down payment)
Down payment
: Rs. 24,713  (On-road - Loan amount)
Monthly EMI
: Rs. 3,391  (For Tenure of 36 months @ 9.45%; banks start from 10.05%)
Insurance
: Rs. 5,462
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JHEV Alfa R3 Bike Loan EMI Calculator

On-road price (Delhi)
Rs. 1,30,661
Down payment
Rs. 24,713
Loan amount
Rs. 1,05,948
Interest rate
9.45%
Tenure
36 months
Monthly EMI
Rs. 3,391
Total interest
Rs. 16,128
Total payable
Rs. 1,22,076
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 R3 Loan Interest Rates by Bank

JHEV Alfa R3 loan rates, 36 months, loan Rs. 1,05,948
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 3,647 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 3,421 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 3,469 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 3,603 (36 months)
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JHEV Alfa R3 EMI by Tenure

For a Rs. 1,05,948 loan on the STD electric at 9.45%.

Tenure EMI Total Interest Total Payable
12 months Rs. 9,287 Rs. 5,496 Rs. 1,11,444
24 months Rs. 4,862 Rs. 10,740 Rs. 1,16,688
36 months Rs. 3,391 Rs. 16,128 Rs. 1,22,076
48 months Rs. 2,659 Rs. 21,684 Rs. 1,27,632
60 months Rs. 2,223 Rs. 27,432 Rs. 1,33,380
JHEV Alfa R3
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JHEV Alfa R3
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Starts at ₹ 1,24,999
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JHEV Alfa R3 EMI FAQs

What is the EMI for the JHEV Alfa R3?

Rs. 3,391 per month for the STD variant (loan Rs. 1,05,948, 9.45%, 36 months). Over 60 months it is Rs. 2,223.

What is the down payment for the JHEV Alfa R3?

Rs. 24,713 for STD in ZigWheels' default calculation.

Which bank has the lowest rate for a JHEV Alfa R3 loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 3,421 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 R3 loan?

Rs. 16,128 over 36 months on the STD loan at 9.45%.

What on-road price is the JHEV Alfa R3 EMI based on?

Rs. 1,30,661 in Delhi: ex-showroom Rs. 1,24,999, insurance Rs. 5,462, 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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