Hero Splendor EMI Calculator

Get an estimate of the monthly EMI for Hero Splendor Plus bikes with our two wheeler loan calculator.
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Hero Splendor EMI Calculator
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3 mins
25-February-2025

Overview of Hero Splendor

Are you looking to buy the Hero Splendor Plus, a reliable and fuel-efficient bike that’s perfect for daily commuting? The Hero Splendor Plus is a great choice for those who want a bike that combines performance with fuel efficiency. Known for its remarkable 80.6 kmpl mileage, the Hero Splendor Plus features a 97.2 cc engine and a sleek design that appeals to both young professionals and first-time buyers. Whether you're looking for basic features or want modern tech perks, this bike offers a great balance of both.

But don’t worry – purchasing the Hero Splendor doesn’t have to strain your budget. With the Bajaj Finserv Two-wheeler Loan, you can make your bike ownership dream come true without breaking the bank. Bajaj Finance offers up to 100% financing on the on-road price of the bike, along with flexible EMI options tailored to suit your needs.

Plus, you might even have a pre-approved loan offer waiting for you. Check your pre-approved two-wheeler loan offer now and plan your purchase with confidence.

How to calculate two-wheeler loan EMIs for Hero Splendor

Calculating your EMI for the Hero Splendor is easy using the two-wheeler loan EMI calculator. Here's how you can calculate:

  1. Search for "Hero Splendor" in the ‘Brand Model Variant’ section.

  2. Select the model you wish to finance, such as the “Hero Splendor Plus Black and Accent (Beetle Red).”

  3. Enter your down payment, loan tenure, and interest rate to calculate your EMI.

By adjusting the loan parameters, you can explore different EMI options that suit your budget. Bajaj Finance offers flexible financing options with simple eligibility criteria and minimal paperwork. Want to know your eligibility for a two-wheeler loan? Check your eligibility quickly online – no branch visit is required.

Pro Tip: Adjust your down payment and loan tenure to see how they affect your EMI. This can help you decide the best EMI plan for your finances.

Understanding the two-wheeler loan down payment for a Hero Splendor bike

When buying a Hero Splendor Plus, understanding the down payment is essential. The down payment is the amount you pay upfront, which reduces the loan amount and your monthly EMI. Here’s how it works:

  • Down payment: This is the initial amount you pay for the bike.
    Example: If the on-road price of the Hero Splendor Plus is Rs. 75,591 and you apply for financing up to Rs. 62,009, you would pay a down payment of Rs. 13,582 (plus any extra costs).

  • Loan tenure: The longer the loan tenure, the lower the EMI, but more interest will be paid over time. A 24-month tenure will have lower EMIs compared to a 12-month tenure.

  • Interest rate: The interest rate applied to the loan. A 10% interest rate will affect the EMI amount and total repayment.

Choosing the right down payment and loan terms helps in managing your finances better.

With Bajaj Finance, you can get up to 100% financing of the on-road price of the Hero Splendor Plus, depending on your eligibility. Check your loan eligibility and plan your purchase with confidence.

Example of down payment and EMI for all variants of Hero Splendor

The Hero Splendor Plus comes in different variants, and the prices may vary across locations. In Delhi, the ex-showroom prices are:

  • Hero Splendor Plus Drum Brake: Rs. 77,176

  • Hero Splendor Plus i3S Drum Brake: Rs. 78,426

  • Hero Splendor Plus i3S Drum Brake Black and Accent: Rs. 78,426

Here’s an example of the EMI for the Hero Splendor Plus i3S Drum Brake variant on-road price is Rs. 93,071, assuming a 10% interest rate over a 3-year tenure:

Hero Splendor Variant

On-Road Price

Down Payment

EMI

Total Interest

Total Payment

Hero Splendor Plus i3S Drum Brake

Rs. 93,071

Rs. 10,000

Rs. 2,680.47

Rs. 13,425.83

 Rs.96,496.83

 

Please note that the table above is for illustration purposes only. The final on-road price may vary depending on the city. You can use the EMI calculator to calculate your exact monthly repayment based on your specific loan parameters.

Benefits of financing your Hero Super Splendor with Bajaj Finance

Here’s why you should choose a Bajaj Finserv Two-wheeler Loan:

  • Easy on your pocket – Pick a low EMI plan that fits your monthly budget.
  • Flexible repayment – Repay the loan in simple instalments with tenures from 6 months to 84 months.
  • Fast and simple process – Enjoy quick approvals with minimal paperwork and hassle-free steps.

Factors affecting the two-wheeler Loan EMI for Hero Splendor

When financing a Hero Splendor, several factors can influence the EMI amount. Understanding these factors can help you plan better and manage your loan effectively.

Factors affecting the two-wheeler EMI for Hero Splendor include:

Loan amount: The higher the loan, the higher the EMI.

Loan tenure: A longer tenure means lower EMIs, but more interest paid.

Interest rate: A higher interest rate increases the EMI.

Down payment: A higher down payment can reduce the loan amount and EMI.

Credit score: A good credit score can help you get a lower interest rate, reducing the EMI.

Benefits of financing Hero Splendor with Bajaj Finserv Two-wheeler Loan

Financing your Hero Splendor with Bajaj Finserv Two-wheeler Loan offers several benefits:

  • Up to 100%  on-road financing: Get up to the full on-road price of the bike, depending on your eligibility.
  • Quick approval: Enjoy fast loan approval with minimal paperwork.
  • Flexible EMIs: Choose an EMI plan with a flexible repayment period that suits your budget.

These advantages make owning the Hero Splendor more accessible and affordable.

How to apply for a two-wheeler loan from Bajaj Finance

Applying for a Bajaj Finserv Two-Wheeler Loan is quick and easy. Follow these simple steps:

  1. Click ‘Apply Now’ to start the application process.

  2. Fill in your personal details, including your name, PAN number, and basic information.

  3. Select your Hero Splendor model and choose the nearest dealer showroom.

  4. Submit the application.

Once your application is approved, a Bajaj Finance representative will contact you to guide you through the next steps. After the loan is approved, you can collect your new Hero Splendor Plus from the nearest partner showroom.

Want to skip waiting time? Check if you are eligible for a pre-approved offer and bring home your desired bike without delay.

Note: Vehicle prices may vary depending on the model and city of purchase. The ex-showroom prices considered for the estimates mentioned above may vary from time to time. The actual loan offer may vary depending on the fulfilment of eligibility criteria for a two-wheeler loan from Bajaj Finance.

Disclaimer

Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking. The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.

Frequently asked questions about Hero Super Splendor EMI Calculator

What is the minimum down payment for a Hero Splendor Plus bike?
The minimum down payment for a Hero Splendor Plus may vary based on the loan provider's terms and two-wheeler loan eligibility requirements.

What will be the EMI for a Hero Splendor Plus?
The EMI for a Hero Splendor Plus depends on the loan amount, interest rate, and tenure you select. You can use our two-wheeler loan EMI calculator to estimate your monthly payments based on these factors.

How much loan can I get for buying a Hero Splendor Plus?
You can get up to 100% financing on the on-road price of the Hero Splendor Plus, depending on your eligibility for a two-wheeler loan from Bajaj Finance.

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