We're sorry but <%= htmlWebpackPlugin.options.title %> doesn't work properly without JavaScript enabled. Please enable it to continue.

Bike Loan EMI Calculator - Viva Money

What is a Bike Loan EMI Calculator?

A bike loan EMI calculator is a free online tool by Viva Money that helps you check your monthly EMI before taking a two-wheeler loan. It tells you how much you’ll need to pay every month based on your loan amount, interest rate, and repayment period.

How to Use the Bike Loan EMI Calculator?

Using our credit card EMI calculator is super easy. Just follow these 2 steps:

  1. Enter Your Loan Amount
  2. Select Tenure 

That’s it! You’ll instantly see your monthly EMI, total interest, and the overall amount payable.

Calculating Interest on EMI Calculator

Our bike loan EMI calculator uses a standard formula to calculate interest:

EMI = [P x R x (1+R)^N] / [(1+R)^N – 1]

Where:

  • P = Principal Loan Amount
  • R = Monthly Interest Rate
  • N = Loan Tenure (in months)

Don’t worry about the math, just enter the values, and we’ll do the work instantly.

Why Choose a Super Flexi Loan Over a Bike Loan?

Super Flexi LoanOld-Style Bike Loan
0% interest for up to 51 daysInterest starts immediately
No collateral is requiredCollateral is required
Zero paperwork and 100% digital processHeavy paperwork and lengthy process

FAQs

What is a bike loan EMI calculator?
How do I use the bike loan EMI calculator?
How is the EMI calculated for a bike loan?
Why should I use a bike loan EMI calculator before applying?
How is a Super Flexi Loan better than a traditional bike loan?

Download Viva Money

Your Instant Financial Saathi!

Instantly withdraw money from your approved limit of up to ₹2,00,000. No paperwork, no hassle!

Qr-code
loan app