What is the price of the bike? (On-road price)
The Royal Enfield Classic 350 is available in three variants. The on-road price of its most affordable variant (Redditch) in Delhi is around ₹2.12 lakh. At the same time, the price of the top variant (Chrome) goes up to ₹2.51 lakh. There might be a slight difference in this price due to RTO tax and registration fees in different states.
How to get a bike for ₹10,000 down payment? (Financing)
If you buy this bike on finance, then the bank or finance company gives a large part of the on-road price as a loan. Suppose you make a down payment of ₹10,000, then on the remaining amount, the bank can give a loan at an interest rate of about 10% per annum. The EMI for different loan tenures will be as follows:
2 years (24 months) Approximately 0.99 per month
3 years (36 months) Approximately ₹7,359 per month
4 years (48 months) Approximately ₹5,944 per month
5 years (60 months) Approximately ₹5,095 per month
Advice: Keep in mind that these EMIs are estimated and may vary depending on the bank's interest rate, down payment, and your credit profile. The higher the down payment, the lower the EMI.
Engine and Performance
The Royal Enfield Classic 350 is one of the most powerful motorcycles in the Indian market, not just in terms of looks but also in terms of performance. It is powered by a 349cc single-cylinder, air-oil cooled engine.
Max power: 20.2 bhp @ 6100rpm
Max torque: 27 Nm @ 4000 rpm
This engine offers smooth performance and a comfortable riding feel. The company claims a mileage of 41.55 kmpl.
Special features
The Classic 350 comes with a number of modern features:
LED lighting: The headlamps, tail-lamps and indicators are LEDs.
Semi-digital instrument cluster: It has an LCD display with an analogue speedometer.
USB-C port for charging: At the bottom of the device is a USB-C port for charging.
Tripper Navigation: The top variants feature turn-by-turn navigation.
Dual-channel ABS: For safety, it gets dual-channel ABS and disc brakes.
What to pay attention to? (Things to consider)
There are a few things to keep in mind before buying a bike:
Selection of Variants: Choose the variant according to your budget and preferences.
Interest rate: Compare the interest rates of different banks and finance companies.
Budget: Apart from the on-road price, include maintenance, insurance and fuel expenses in the budget.
What to do next? (Actionable Tips)
If you have decided to buy the Classic 350, then follow these steps:
Use the EMI calculator: Make your own EMIs for different tenures.
Check the pre-approved loan from the bank: Contact your bank and find out the interest rate available to you.
Take a test ride: Be sure to take a test ride to experience the ride and check out the comfortable seating position.
Conclusion
The Royal Enfield Classic 350 is one of the most popular motorcycles in the Indian market. With a down payment of less than ₹10,000, you can bring this bike home for office commuting and weekend rides without any hassle. Just choose the right variant, loan tenure and interest rate as per your budget and requirement. timesbull.com will continue to bring you similar accurate automotive information. If you have any queries, let us know in the comments.