Tunwal Alfa Lite EMI Calculator


Updated on October 2026
The Tunwal Alfa Lite EMI is Rs. 1,160 per month for 36 months at 9.45% on a loan of Rs. 36,248, with a down payment of Rs. 12,376. This is based on the Lead Acid 28Ah variant's on-road price of Rs. 48,624 in Bhavnagar (ex-showroom Rs. 44,993). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Alfa Lite On-road price | Alfa Lite Mileage

Tunwal Alfa Lite EMI and Down Payment (Bhavnagar)

Ex-showroom
: Rs. 44,993
On-road price
: Rs. 48,624  (Bhavnagar)
Loan amount
: Rs. 36,248  (On-road - Down payment)
Down payment
: Rs. 12,376  (On-road - Loan amount)
Monthly EMI
: Rs. 1,160  (For Tenure of 36 months @ 9.45%; banks start from 10.05%)
Insurance
: Rs. 3,182
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Tunwal Alfa Lite Bike Loan EMI Calculator

On-road price (Bhavnagar)
Rs. 48,624
Down payment
Rs. 12,376
Loan amount
Rs. 36,248
Interest rate
9.45%
Tenure
36 months
Monthly EMI
Rs. 1,160
Total interest
Rs. 5,512
Total payable
Rs. 41,760
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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Tunwal Alfa Lite Loan Interest Rates by Bank

Tunwal Alfa Lite loan rates, 36 months, loan Rs. 36,248
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 1,248 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 1,170 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 1,187 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 1,233 (36 months)
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Tunwal Alfa Lite EMI by Tenure

For a Rs. 36,248 loan on the Lead Acid 28Ah electric at 9.45%.

Tenure EMI Total Interest Total Payable
12 months Rs. 3,178 Rs. 1,888 Rs. 38,136
24 months Rs. 1,663 Rs. 3,664 Rs. 39,912
36 months Rs. 1,160 Rs. 5,512 Rs. 41,760
48 months Rs. 910 Rs. 7,432 Rs. 43,680
60 months Rs. 760 Rs. 9,352 Rs. 45,600
Tunwal Alfa Lite
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Tunwal Alfa Lite
Starts at ₹ 44,993
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Tunwal Alfa Lite EMI FAQs

What is the EMI for the Tunwal Alfa Lite?

Rs. 1,160 per month for the Lead Acid 28Ah variant (loan Rs. 36,248, 9.45%, 36 months). Over 60 months it is Rs. 760.

What is the down payment for the Tunwal Alfa Lite?

Rs. 12,376 for Lead Acid 28Ah in ZigWheels' default calculation.

Which bank has the lowest rate for a Tunwal Alfa Lite loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 1,170 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Tunwal Alfa Lite loan?

Rs. 5,512 over 36 months on the Lead Acid 28Ah loan at 9.45%.

What on-road price is the Tunwal Alfa Lite EMI based on?

Rs. 48,624 in Bhavnagar: ex-showroom Rs. 44,993, insurance Rs. 3,182, RTO and other charges Rs. 449.

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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