KTM 390 Duke: KTM, a leading motorcycle brand in India, has recently launched the new-gen 390 Duke in the Indian market. This motorcycle comes with advanced technology, better hardware, and a new 399cc engine. Compared to its predecessor, this engine generates more power and torque. It competes with models like the BMW G 310 R, Bajaj Dominar 400, Triumph Speed 400, and TVS Apache RTR 310. If you are planning to buy the 2024 KTM 390 Duke and want to purchase it on finance, we will provide you with details about EMI and down payment options.
According to the on-road price in Delhi, the STD variant of this bike is priced at INR 3.58 lakhs. If you choose to make a down payment of approximately 20%, which is INR 72,000, and take a loan for the remaining amount for 3 years, you will have to pay an interest rate of 10%. This means you will have to pay INR 9,231 as EMI every month for the next 36 months. Please note that the loan tenure and interest rate may vary depending on the bank. You also have the option to choose a higher or lower down payment, which will result in an increase or decrease in your monthly EMI amount.
Currently, the ex-showroom price of the KTM 390 Duke is INR 3.11 lakhs. The estimated on-road price in Delhi for this naked streetfighter motorcycle is around INR 3.58 lakhs. If you make a down payment of INR 72,000, you will have to take a loan of INR 2.86 lakhs and pay an EMI of INR 9,231 every month for three years. In this way, you will have to pay an additional INR 46,200 as interest over the course of three years.
And, if you are interested in purchasing the KTM 390 Duke on finance, it is essential to consider the various options regarding down payment and loan tenure. Make sure to choose the option that suits your financial situation and preferences.
Summery:
– KTM India has recently launched the new-gen 390 Duke in the Indian market with advanced technology and a new 399cc engine.
– The price of the bike starts at 3.58 lakh rupees in Delhi, and if you make a down payment of around 20% which is 72,000 rupees, you can take a loan for the remaining amount for 3 years with a 10% interest rate.
– The monthly EMI for this loan would be 9,231 rupees for 36 months.
– The loan duration and interest rate can vary based on different banks, and you can also choose to make a higher or lower down payment, which will affect the monthly installment amount.
– The current ex-showroom price of the KTM 390 Duke is 3.11 lakh rupees, while the estimated on-road price in Delhi is around 3.58 lakh rupees.
– Making a down payment of 72,000 rupees will require a loan of 2.86 lakh rupees, and you will have to pay an EMI of 9,231 rupees per month for three years.
– In total, you would have to pay an additional 46,200 rupees as interest over the three-year period.
