If you are planning to buy a two-wheeler with the help of ICICI Bank’s bike loan, you may want to check how much EMI you will be paying each month. While such mathematical calculations may seem tough, ICICI Bank lets you calculate the EMI in a matter of seconds through their exclusive two-wheeler loan EMI calculator.
The ICICI Bank two wheeler loan EMI calculator has the following parameters.
You can choose a minimum of Rs. 20,000 and maximum of Rs. 10 Lakhs in the calculator. The minimum interest rate is 11% and the maximum is 25%. Loan terms are available from 11 months to 48 months.
You can choose the respective details as per your convenience and see the end result of how much you will be paying as EMI each month toward the two wheeler loan. This will help you plan your down payment accordingly.