Bike Loan EMI Calculator Two Wheeler Loan EMI Calculation EXAMPLES
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Bike Loan EMI Calculator in Hindi | Two Wheeler Loan EMI Calculation [EXAMPLES] • In this video by FinCalC TV we will see bike loan EMI calculation using the two wheeler loan emi calculator in Hindi. You can easily calculate bike loan EMI using the calculator online on my website. • This video will solve hindi queries like bike loan kaise le, bike finance kaise kare and bike loan interest rate. • Bike Loan EMI Calculator: • https://fincalc-blog.in/bike-loan-emi... • Bike Loan Calculation Video in Excel: • • Bike Loan EMI Calculator Excel EXAMPL... • Home Loan Videos: • • Home Loan EMI Calculator Excel with P... • JOIN Telegram Group: • https://t.me/fincalc_tv_channel • CHAPTERS: • 00:00 Bike Loan EMI Calculation Intro • 00:31 Bike Loan EMI Calcualtor • 01:48 Two Wheeler Loan Example • 03:34 Pay Less Interest with Low Tenure • 04:50 Pay Less Interest with Less Loan Amount • 05:52 Pay Less Interest with Low Interest rate • 10:30 Bike Loan EMI Calculation Conclusion • THINGS TO KNOW ABOUT BIKE LOAN EMI • There are 2 parts of your EMI: Principal amount Interest Amount • Interest Amount is high initially during your Bike Loan tenure • Principal amount is less initially during your Bike Loan tenure • High interest amount is already taken at the initial Bike loan period from your EMIs • You should pre pay most of your principal amount if you want to decrease maximum interest amount in your Bike Loan • You can easily calculate your Bike loan EMI using excel calculator as we can see in above video • Pre pay your Bike loan principal amount initially as much as you can to decrease interest amount that you have to pay throughout your loan tenure • Increase in Bike loan tenure will increase the interest amount you’ll pay throughout your Bike loan tenure • HOW IS EMI CALCULATED FOR BIKES? • It is very easy to calculate EMI of bike loan using above calculator. Here are the steps to calculate bike loan EMI: • Provide Loan Amount you will be taking from bank or financial institution • Enter yearly interest rate of bike loan • Enter tenure in months • That’s it. These 3 numbers will give you the appropriate EMI for your bike loan • How to Save Bike Loan Interest? • Below are some ways to save bike loan interest: • Check for low interest rate bike loans • Keep the tenure low. Higher the tenure, longer you will keep paying EMI thus increasing the overall interest amount. So keep tenure low • Make Bike Loan Prepayments whenever possible. Prepayment is a method to pay additional amount to reduce your principal outstanding balance on your loan. • Keep the loan amount as low as possible by doing maximum down payment for your bike. • Check interest rates in banks and compare with showrooms • BENEFITS OF USING ONLINE BIKE LOAN EMI CALCULATOR • There are multiple benefits of using bike loan calculator: • You will know correct bike loan EMI. No showroom can provide you incorrect quotes and misguide you. • This calculator gives you the idea of EMI to check if you can afford • You can also adjust the tenure in months and get the EMI in affordable range • It gives you the EMI amount for various interest rates that you can compare between banks such as SBI, ICICI, Axis, HDFC, etc. • WHAT IS BIKE LOAN REPAYMENT TABLE? • So far we have understood how to calculate bike loan EMI using calculator. Let us now go one step further and see how bike loan EMI will be divided in 2 components using bike loan repayment table. • This bike loan repayment table is the table that shows you every month EMI amount (that is kept unchanged) and details of principal and interest amounts from this EMI, which changes every month. • #bikeloan #loanemi #emicalculator #fincalc • ============================ • LIKE | SHARE | COMMENT | SUBSCRIBE • Mujhe Social Media par FOLLOW kare: • Facebook : / fincalctv • Twitter : / fincalctv • BLOG: https://fincalc-blog.in • Telegram: https://t.me/fincalc_tv_channel • Instagram: / fincalc_tv • ============================ • MORE VIDEOS: • SIP Excel Calculator: • SIP Returns Excel Calculator| SIP vs ... • Income Tax Calculator: • How To Calculate Income Tax FY 2021-2... • Loan EMI Calculator: • Home Loan EMI Calculator Excel with P... • Loan EMI Prepayment Calculator: • Home Loan EMI Prepayment | How to Sav... • ALL EXCEL CALCULATORS VIDEOS: • • All EXCEL Calculators • ============================ • DISCLAIMER: • Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown. It is advised to seek professional help before taking any financial decisions. The owner of this channel shall not be liable in any way.
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