Simple One EMI Calculator

Updated on November 2026

The Simple One EMI is Rs. 5,587 per month for 36 months at 9% on a loan of Rs. 1,75,682, with a down payment of Rs. 55,666. This is based on the 5 kWh variant's on-road price of Rs. 2,31,348 in Patna (ex-showroom Rs. 2,04,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: One On-road price | One Mileage

Simple One EMI and Down Payment

Simple Energy One 5 kWh – EMI calculator

Ex-showroom

: Rs. 2,04,999

On-road price

: Rs. 2,31,348 (Patna)

Loan amount

: Rs. 1,75,682 (On-road price - Down payment)

Down payment

: Rs. 55,666 (Amount paid upfront)

Monthly EMI

: Rs. 5,587 (For Tenure of 36 months @ 9%; banks start from 10.05%)

Insurance

: Rs. 11,362

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Simple One Bike Loan EMI Calculator

Variant: 5 kWh
On-road price (Patna): Rs. 2,31,348
Down payment: Rs. 55,666
Loan amount: Rs. 1,75,682
Interest rate: 9%
Tenure: 36 months
Monthly EMI: Rs. 5,587

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.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Simple One Bike Loan EMI & Loan Breakdown

Monthly EMI

Rs. 5,587

36 months @ 9%

Down paymentRs. 55,666
Loan amountRs. 1,75,682
Total interestRs. 25,450
Total loan repayment (EMIs)Rs. 2,01,132
Total purchase outlayRs. 2,56,798

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the 5 kWh costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

Year	Principal paid	Interest paid	Outstanding loan
Year 1 Months 1-12	Rs. 53,400	Rs. 13,644	Rs. 1,22,282
Year 2 Months 13-24	Rs. 58,409	Rs. 8,635	Rs. 63,873
Year 3 Months 25-36	Rs. 63,873	Rs. 3,171	Rs. 0

Simple One Loan Interest Rates by Bank

Simple One loan rates, 36 months, loan Rs. 1,75,682
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 6,047 (36 months)
ICICI Bank	10.05% onwards	Rs. 5,673 (36 months)
Axis Bank	11% onwards	Rs. 5,752 (36 months)
Bank of Baroda	13.65% onwards	Rs. 5,975 (36 months)

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Simple One EMI by Tenure

For a Rs. 1,75,682 loan on the 5 kWh at 9%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 15,364	Rs. 8,686	Rs. 1,84,368
24 months	Rs. 8,026	Rs. 16,942	Rs. 1,92,624
36 months	Rs. 5,587	Rs. 25,450	Rs. 2,01,132
48 months	Rs. 4,372	Rs. 34,174	Rs. 2,09,856
60 months	Rs. 3,647	Rs. 43,138	Rs. 2,18,820

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Simple One

3.4 0 user reviews

Starts at ₹ 2,04,999

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How Is the Simple One 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 5 kWh variant: P = Rs. 1,75,682, r = (9 ÷ 12) ÷ 100 = 0.0075 and n = 36 months, which gives an EMI of Rs. 5,587.

The calculation starts from the Patna on-road price of Rs. 2,31,348 (ex-showroom Rs. 2,04,999 plus insurance, RTO and other charges).

Factors That Affect Your Simple One 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. 82 to the EMI on a Rs. 1,75,682 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. 15,364; over 60 months it drops to Rs. 3,647 but you pay Rs. 34,452 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.

Simple One EMI vs Classic 350, R15 V4, 42 Bobber

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

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Royal Enfield Classic 350 Redditch	Rs. 2,31,194	Rs. 5,174	36 months	9.45%	Compare with One
Yamaha R15 V4 Racing Blue Without Quickshifter	Rs. 2,05,059	Rs. 4,804	36 months	9.45%	Compare with One
Jawa 42 Bobber All Stars Mystic Copper	Rs. 2,45,590	Rs. 5,779	36 months	9%	Compare with One
Royal Enfield Bullet 350 Military	Rs. 2,06,677	Rs. 4,562	36 months	9.45%	Compare with One

Frequently Asked Questions About Simple One EMI

What is the monthly EMI for the Simple One?

Rs. 5,587 a month for the 5 kWh, on a Rs. 1,75,682 loan at 9% for 3 years.

How much down payment is required for the Simple One?

About Rs. 55,666 for the 5 kWh in Patna. That's the on-road price of Rs. 2,31,348 minus the Rs. 1,75,682 loan.

How does the loan tenure affect the Simple One EMI?

Over 1 year the EMI is Rs. 15,364 and you pay Rs. 8,686 in interest. Stretch it to 5 years and the EMI drops to Rs. 3,647, but interest rises to Rs. 43,138.

Is the Simple One EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Patna the 5 kWh costs Rs. 2,31,348 on-road, which includes Rs. 11,362 insurance and Rs. 14,987 RTO and other charges.

Does the Simple One 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 Simple One loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 1,75,682 loan comes to Rs. 5,673 a month.

Ask or read owner questions on Simple One Q&A

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