Piaggio Vespa Elegante 150 Bike EMI calculator

Ex-showroom Price of Piaggio Scooters Vespa Elegante 150 : ₹ 1,45,000
Loan Amount : ₹ 1,23,250
Down Payment : ₹ 21,750

Document Charges :
Processing Fee : ₹ 1,541
MonthsEMIChart
12₹ 11,128View Chart
24₹ 6,057View Chart
36₹ 4,384View Chart
48₹ 3,561View Chart
60₹ 3,077View Chart
72₹ 2,763View Chart
84₹ 2,545View Chart

Most likely permissible loan tenure for two wheelers under 2 lakhs is 3 years only. Period mentioned in blue and red won't eligible for two wheeler loans with most banks/NBFCs

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Piaggio Vespa Elegante 150 Bike Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Piaggio Vespa Elegante 150 bike.
Option 3) Enter the desired amount and desired interest rate of Piaggio Vespa Elegante 150 bike to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for Piaggio Vespa Elegante 150 Click Here Check On Road Price

Total Interest Amount is ₹ 10,281 for the loan amount of ₹ 1,23,250
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Dec-2024₹ 11,128₹ 1,672₹ 9,456₹ 1,02,666
2Jan-2025₹ 11,128₹ 1,531₹ 9,597₹ 93,069
3Feb-2025₹ 11,128₹ 1,388₹ 9,740₹ 83,329
4Mar-2025₹ 11,128₹ 1,243₹ 9,885₹ 73,444
5Apr-2025₹ 11,128₹ 1,096₹ 10,032₹ 63,412
6May-2025₹ 11,128₹ 946₹ 10,182₹ 53,230
7Jun-2025₹ 11,128₹ 794₹ 10,334₹ 42,896
8Jul-2025₹ 11,128₹ 640₹ 10,488₹ 32,408
9Aug-2025₹ 11,128₹ 483₹ 10,645₹ 21,763
10Sep-2025₹ 11,128₹ 325₹ 10,803₹ 10,960
11Oct-2025₹ 11,128₹ 163₹ 10,9650
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on bike loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the bike. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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