Know Triumph Speed 400 loan EMI on Rs 54,000 down payment: Details explained

Triumph recently launched the Speed 400 as its most affordable motorcycle in India, built in collaboration with Bajaj Auto. The Speed 400 made its debut alongside the Scrambler 400 X, with the pricing for the latter set to be revealed in the coming months. With its aggressive pricing, the Triumph Speed 400 looks set to pose a serious threat to the likes of Royal Enfield Classic 350, Harley-Davidson X440, Honda CB350, among other similarly priced sub-500 cc roadsters.

Planning to buy the new Triumph Speed 400 and wondering how much EMI would you have to pay? Here’s a table showing the variant-wise on-road (Delhi) price of the motorcycle, and the lowest monthly installment you would have to shell out for it, keeping in mind an average tenure, ROI, as well as down payment -

To simplify the process, we have chosen an average tenure period of three years as standard, along with approximately 20% down payment amount, and an estimated 10% bank interest rate. Do note that the buyer is free to decide the tenure for which he/she will be taking the loan for, whereas the interest rate varies from one bank to another. Moreover, you can also choose to pay a higher or a lower down payment, which will decrease or increase your equated monthly installment (EMI) respectively.

Triumph is offering the Speed 400 in a single variant which is priced at Rs 2.33 lakh (ex-showroom). However, the estimated on-road price of the motorcycle in Delhi would fall somewhere around Rs 2.73 lakh. For example, if you were to put down Rs 54,000 as the down payment for the Speed 400, you would end up paying Rs 7,071 each month for three years for the bike. At the end of the tenure, you would have paid about Rs 2.55 lakh over and above the initial down payment.
Do let us know in the comments down below if you'd like to know the loan EMI for any other motorcycle, scooter or car of your choice!