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Want to buy TVS Ronin? Here's your complete monthly EMI guide
TVS Ronin is a neo-retro motorcycle that earned quite a popularity within short span after its launch in India.
The TVS Ronin is a modern, neo-retro motorcycle that blends design elements of a scrambler, a cruiser, and a roadster into a single package. The TVS Ronin is explicitly designed as an agile urban commuter with high low-end torque. The unique design catches attention at the very first glance, while the aggressive pricing enhances its value-for-money appeal to consumers.
The motorcycle comes packing a host of advanced technology-aided features, including LED lights, a fully digital instrument cluster with Bluetooth connectivity function, dual-channel ABS, gliding tech, voice assist, etc. Powering the TVS Ronin is a 225.9 cc, single-cylinder, four-stroke, four-valve, oil-cooled SOHC engine, which is mated to a five-speed gearbox and capable of churning out 20 bhp peak power at 7,750 rpm and 19.93 Nm of maximum torque at 3,750 rpm. The 160 kg-weighing motorcycle promises an ARAI-claimed fuel economy of 40.77 kmpl.
If you have been planning to buy the TVS Ronin and wondering about the possible monthly EMI, here is a quick and comprehensive guide for you.
TVS Ronin: How much monthly EMI to pay
The TVS Ronin is priced between ₹129,290 and ₹161,640 (ex-showroom), depending on the colour variant. To calculate the monthly EMI for the motorcycle, we have considered the top-end price of the bike, which applies to the Numbus Grey and Midnight Blue. The loan amount has been considered as 100% of the ex-showroom price, which in this case is ₹161,640. The rate of interest and repayment duration have been considered as 9.5% and 24 months, respectively.
| TVS Ronin: Monthly EMI calculation | ||||
|---|---|---|---|---|
| Model & variant | Loan (100% of ex-showroom price) | Interest rate | Repayment tenure | Monthly EMI |
| TVS Ronin (Nimbus Grey/Midnight Blue) | ₹161,640 | 9.5% | 24 months | ₹7,422 |
According to the calculation, the monthly EMI for the top-end variant of the TVS Ronin will be ₹7,422. However, one must remember that the monthly EMI amount may vary depending on multiple factors, including the amount of down payment, amount of loan taken, interest rate, repayment duration, etc.
