Royal Enfield Goan Classic 350 EMI Calculator


Updated on November 2026
The Royal Enfield Goan Classic 350 EMI is Rs. 6,199 per month for 36 months at 9% on a loan of Rs. 1,94,953, with a down payment of Rs. 76,200. This is based on the Single Tone variant's on-road price of Rs. 2,71,153 in Pakur (ex-showroom Rs. 2,27,114). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Goan Classic 350 On-road price | Goan Classic 350 Mileage

Royal Enfield Goan Classic 350 EMI and Down Payment

Ex-showroom
: Rs. 2,27,114
On-road price
: Rs. 2,71,153  (Pakur)
Loan amount
: Rs. 1,94,953  (On-road price - Down payment)
Down payment
: Rs. 76,200  (Amount paid upfront)
Monthly EMI
: Rs. 6,199  (For Tenure of 36 months @ 9%; banks start from 10.05%)
Insurance
: Rs. 12,509
View November Offers View EMI Offers

Royal Enfield Goan Classic 350 Bike Loan EMI Calculator

Variant
Single Tone
On-road price (Pakur)
Rs. 2,71,153
Down payment
Rs. 76,200
Loan amount
Rs. 1,94,953
Interest rate
9%
Tenure
36 months
Monthly EMI
Rs. 6,199
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

Royal Enfield Goan Classic 350 Bike Loan EMI & Loan Breakdown

Monthly EMI
Rs. 6,199
36 months @ 9%
  • Down paymentRs. 76,200
  • Loan amountRs. 1,94,953
  • Total interestRs. 28,211
  • Total loan repayment (EMIs)Rs. 2,23,164
  • Total purchase outlayRs. 2,99,364

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the Single Tone 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. 59,247Rs. 15,141Rs. 1,35,706
Year 2 Months 13-24Rs. 64,804Rs. 9,584Rs. 70,902
Year 3 Months 25-36Rs. 70,902Rs. 3,486Rs. 0
Image
Do you own a Car or Bike?
  • Interact with community
  • Become a Top Contributor
Add Car Add Bike

Royal Enfield Goan Classic 350 Loan Interest Rates by Bank

Royal Enfield Goan Classic 350 loan rates, 36 months, loan Rs. 1,94,953
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 6,710 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 6,295 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 6,383 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 6,630 (36 months)
Apply Now

Royal Enfield Goan Classic 350 EMI by Tenure

For a Rs. 1,94,953 loan on the Single Tone at 9%.

Tenure EMI Total Interest Total Payable
12 months Rs. 17,049 Rs. 9,635 Rs. 2,04,588
24 months Rs. 8,906 Rs. 18,791 Rs. 2,13,744
36 months Rs. 6,199 Rs. 28,211 Rs. 2,23,164
48 months Rs. 4,851 Rs. 37,895 Rs. 2,32,848
60 months Rs. 4,047 Rs. 47,867 Rs. 2,42,820
Royal Enfield Goan Classic 350
Images | Colours
Royal Enfield Goan Classic 350
4.6 8 user reviews
Starts at ₹ 2,27,114
View November Offers
Add your question
Have a question in mind?

Get Answers from over 1.2 million owners and auto-experts

Ask Your Question

Royal Enfield Goan Classic 350 Variant-Wise EMI

On-road prices in Pakur. Every variant uses the same rule: the loan runs 36 months at 9%, and the down payment is the on-road price minus the loan.

Goan Classic 350 Variants Fuel/Transmission Ex-showroom On-road Price Loan @9% Down Payment EMI (36 months)
Single Tone Petrol Rs. 2,27,114 Rs. 2,71,153 Rs. 1,94,953 Rs. 76,200 Rs. 6,199
Dual Tone Petrol Rs. 2,30,012 Rs. 2,74,361 Rs. 1,97,478 Rs. 76,883 Rs. 6,280

How Is the Royal Enfield Goan Classic 350 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 Single Tone variant: P = Rs. 1,94,953, r = (9 ÷ 12) ÷ 100 = 0.0075 and n = 36 months, which gives an EMI of Rs. 6,199.

The calculation starts from the Pakur on-road price of Rs. 2,71,153 (ex-showroom Rs. 2,27,114 plus insurance, RTO and other charges).

Factors That Affect Your Royal Enfield Goan Classic 350 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. 92 to the EMI on a Rs. 1,94,953 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. 17,049; over 60 months it drops to Rs. 4,047 but you pay Rs. 38,232 more in interest.
  • Variant and city: In Pakur the EMI ranges from Rs. 6,199 (Single Tone) to Rs. 6,280 (Dual Tone). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Royal Enfield Goan Classic 350 EMI vs Classic 350, 42 Bobber, Rebel 300

Starting EMI of each model's base variant, worked out the same way as the Royal Enfield Goan Classic 350: the down payment is the on-road price minus the loan, and the rate depends on the price, so check it in each row.

ModelOn-road PriceEMITenureInterest RateCompare
Royal Enfield Classic 350 Redditch Rs. 2,29,305 Rs. 5,174 36 months 9.45% Compare with Goan Classic 350
Jawa 42 Bobber All Stars Mystic Copper Rs. 2,43,470 Rs. 5,779 36 months 9% Compare with Goan Classic 350
Honda Rebel 300 STD Rs. 2,54,603 Rs. 6,058 36 months 9% Compare with Goan Classic 350
Harley-Davidson X440 Vivid Rs. 2,77,612 Rs. 6,418 36 months 9% Compare with Goan Classic 350

Frequently Asked Questions About Royal Enfield Goan Classic 350 EMI

What is the monthly EMI for the Royal Enfield Goan Classic 350?

Rs. 6,199 a month for the Single Tone, on a Rs. 1,94,953 loan at 9% for 3 years. The top Dual Tone works out to Rs. 6,280.

How much down payment is required for the Royal Enfield Goan Classic 350?

About Rs. 76,200 for the Single Tone in Pakur. That's the on-road price of Rs. 2,71,153 minus the Rs. 1,94,953 loan.

How does the loan tenure affect the Royal Enfield Goan Classic 350 EMI?

Over 1 year the EMI is Rs. 17,049 and you pay Rs. 9,635 in interest. Stretch it to 5 years and the EMI drops to Rs. 4,047, but interest rises to Rs. 47,867.

Is the Royal Enfield Goan Classic 350 EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Pakur the Single Tone costs Rs. 2,71,153 on-road, which includes Rs. 12,509 insurance and Rs. 31,530 RTO and other charges.

Does the Royal Enfield Goan Classic 350 EMI calculator include the processing fee?

Yes. The Rs. 2,950 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Royal Enfield Goan Classic 350 loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 1,94,953 loan comes to Rs. 6,295 a month.

Ask or read owner questions on Royal Enfield Goan Classic 350 Q&A

Royal Enfield Bikes in India

Royal Enfield Bikes in India

Popular Electric Bikes

View All Popular Electric Bikes
  1. Home ›
  2. New Bikes ›
  3. Royal Enfield ›
  4. Goan Classic 350 ›
  5. Royal Enfield Goan Classic 350 EMI Calculator
×