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

Calculate two-wheeler loan EMIs for Hero Splendor

Before purchasing your Hero Splendor bike on EMIs, you can use the two wheeler loan calculator to plan your purchase. Here is how:

  1. Search for ‘Hero Splendor’ in the ‘Brand Model Variant’ section to see all available variants.
  2. Choose the specific model you’re interested in, like the ‘Hero Splendor Plus Black and Accent (Beetle Red),’ to view its price.
  3. Enter your down payment, the interest rate, and the loan tenure to calculate the monthly EMI.

Planning to buy the Hero Splendor on EMIs? Calculating your EMI with our two wheeler loan calculator is simple. The EMI amount depends on loan parameters such as the down payment, tenure, and interest rate. Just select the loan parameters and get the monthly instalment details. Use the slider to change the loan parameters to understand how the EMI changes as per the changing values. Doing so will help to decide your EMI plan while booking your Hero Splendor bike on Bajaj Mall.

When you book your new bike on monthly instalments on Bajaj Mall, you start the process for a two-wheeler loan from Bajaj Finance. A two-wheeler loan calculator will help to estimate loan EMIs for Hero Splendor and give you an idea of how much you will have to pay every month towards your two-wheeler loan.

Check Hero Splendor bikes on Bajaj Mall for more details on EMI options as per bike variants and book your bike online easily.

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

When you go for a two-wheeler loan, the down payment is the initial contribution you make, with the balance financed through the loan. The exact down payment can vary based on the loan offer you receive.

For example, the Hero Splendor Plus Xtec Drum Brake Tornado Grey has an ex-showroom price of Rs. 79,911. If you are opting for a two-wheeler loan and apply for finance up to Rs. 66,913, you will need to make a down payment of Rs. 12,998 plus the extra costs that add to its on-road price. This breakdown helps you understand how much you would need to pay upfront and how much can be covered through a loan.

Choose the two-wheeler down payment for a Hero Splendor bike wisely to ensure that the loan amount stays within your repayment capacity.

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

The Hero Splendor Plus comes in several variants with different price points. In Delhi, the Splendor Plus Drum Brake variant is priced at Rs. 75,441 (ex-showroom). The Splendor Plus i3S Drum Brake and Splendor Plus i3S Drum Brake Black and Accent variants are both priced at Rs. 76,786. The Splendor Plus i3S Matt Axis Grey variant costs Rs. 78,286.

The Hero Splendor Plus Xtec also comes in two variants with different price points. In Delhi, the Splendor Plus Xtec Disc Brake variant is priced at Rs. 83,461 (ex-showroom), while the Splendor Plus Xtec Drum Brake variant is available for Rs. 79,911. Please note that these are the ex-showroom prices in Delhi, and the prices may vary from city to city depending on the location.

Here is a breakdown of the two-wheeler loan EMI for a Hero Splendor Plus bike variant assuming an interest rate of 10% per annum over a 3-year tenure:

Hero Splendor variant

Price

Down payment

EMI

Total interest

Total payment

Hero Splendor Plus Xtec Drum Brake

Rs. 94,513

Rs. 12,998

Rs. 2,773

Rs. 8,914

Rs. 1,03,427


*Price may vary from city to city.

The EMI figures given in the two-wheeler loan EMI calculator are based on typical loan tenures and interest rates. However, they may vary depending on your eligibility for a two-wheeler loan. The EMI calculations give a reasonable estimate of monthly payments, making it easier to plan your finances.

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.

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

Booking a Hero Splendor Plus bike with a two-wheeler loan from Bajaj Finance is quick and hassle-free. Just follow these simple steps:

  1. Click the ‘Book Now’ button on this page to visit the Bajaj Mall website. The bike booking can also be done on Bajaj Mall using the Bajaj Finserv App.
  2. Select your preferred bike.
  3. Choose a suitable EMI plan, check the applicable offers, and confirm your online booking.

A Bajaj Finance representative will reach out to help with the two-wheeler loan process. Once approved, you can collect your new Hero Splendor Plus or Hero Splendor Plus Xtec bike from a partner showroom closest to your location.

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.

Hero Splendor bikes – Overview

The Hero Splendor Plus and Splendor Plus Xtec are known for reliability and fuel efficiency. The Splendor Plus features a 97.2 cc engine with 8.02 PS of power. The Hero Splendor Plus mileage is around 80.6 kmpl, making it perfect for commuters. It has a 9.8-litre fuel capacity and weighs 112 kg. The Splendor Plus Xtec adds modern features like a digital meter, Bluetooth connectivity, and LED lamps while keeping the same reliable engine, offering a tech-savvy upgrade for riders.

You can book your favourite Hero Splendor Plus bike on Bajaj Mall with a two-wheeler loan. A Bajaj Finserv Two-wheeler Loan comes with affordable EMIs, flexible tenures, and quick approval.

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 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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