# SBI Two wheeler Loan EMI Calculator for Calculate Loan EMI Online 2019

(Updated on 08.01.19) SBI Two Wheeler Loans and EMI Calculator January 2019 – Calculate 2 Wheeler loans EMI with SBI loan Calculator Online & Get total interest paid, flat interest rates, total amount you have to pay in your tenure & Monthly details.

SBI provide the best Two- Wheeler loan scheme for you to take a loan for purchase of new Two- Wheeler.

GET INSTANT TWO WHEELER LOAN APPROVAL ONLINE

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EMI Calculation

Just by entering the following inputs in the EMI calculator, you will get an indicative amount of EMI:

1. Intended loan amount in INR
2. Number of years you wish to pay in months or year.
3. Interest rate, which you have opted for bike loan in percent

By entering these values, you can get an indicative amount of your EMI. For an example, a loan amount of Rs. 1,00,000@interest rate of 17.60% per annum for the period of 36 months (3 Years) would indicate an EMI of Rs. 3595.21 per month.

The formula for EMI (in arrears) is:

Where E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.25% per annum, then r = 10.25/12/100=0.00854)  n is loan term / tenure / duration in number of months

SBI Two Wheeler Loan EMI Calculator

SBI Two Wheeler Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Bike loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)

 Monthly EMI Total Amount with Interest Flat Interest Rate PA Flat Interest Rate PM Total Interest Amount Yearly Interest Amount

If a customer opting for two wheeler loan amount ₹ 1,00,000, interest rate offered by State Bank of India is 17.60% for 3 year (36 months). Now you should have to check what will be your loan emi & how much amount you will pay including principal & interest.

 Loan Amount Tenure Interest Rate Loan EMI ₹1,00,000.00 36 months (3 years) 17.60% Rs.3595.21

YEARLY & MONTHLY CALCULATED VALUES FOR TWO WHEELER LOAN AMOUNT OF Rs. 1,00,000 @ INTEREST RATE OF 17.60% FOR 3 YEARS

 Year Principal Amount (X) Interest Amount (Y) Principal & Interest Amount (X+Y) Outstanding Amount 2016 ₹ 27,434 ₹ 16,251 ₹ 43,684 ₹ 72,566 January ₹ 2,099 ₹ 1,542 ₹ 3,640 ₹ 97,901 February ₹ 2,131 ₹ 1,509 ₹ 3,640 ₹ 95,770 March ₹ 2,164 ₹ 1,476 ₹ 3,640 ₹ 93,606 April ₹ 2,197 ₹ 1,443 ₹ 3,640 ₹ 91,409 May ₹ 2,231 ₹ 1,409 ₹ 3,640 ₹ 89,178 June ₹ 2,266 ₹ 1,375 ₹ 3,640 ₹ 86,912 July ₹ 2,300 ₹ 1,340 ₹ 3,640 ₹ 84,612 August ₹ 2,336 ₹ 1,304 ₹ 3,640 ₹ 82,276 September ₹ 2,372 ₹ 1,268 ₹ 3,640 ₹ 79,904 October ₹ 2,409 ₹ 1,232 ₹ 3,640 ₹ 77,495 November ₹ 2,446 ₹ 1,195 ₹ 3,640 ₹ 75,050 December ₹ 2,483 ₹ 1,157 ₹ 3,640 ₹ 72,566 2017 ₹ 32,962 ₹ 10,722 ₹ 43,684 ₹ 39,605 January ₹ 2,522 ₹ 1,119 ₹ 3,640 ₹ 70,045 February ₹ 2,561 ₹ 1,080 ₹ 3,640 ₹ 67,484 March ₹ 2,600 ₹ 1,040 ₹ 3,640 ₹ 64,884 April ₹ 2,640 ₹ 1,000 ₹ 3,640 ₹ 62,244 May ₹ 2,681 ₹ 960 ₹ 3,640 ₹ 59,563 June ₹ 2,722 ₹ 918 ₹ 3,640 ₹ 56,841 July ₹ 2,764 ₹ 876 ₹ 3,640 ₹ 54,077 August ₹ 2,807 ₹ 834 ₹ 3,640 ₹ 51,271 September ₹ 2,850 ₹ 790 ₹ 3,640 ₹ 48,421 October ₹ 2,894 ₹ 746 ₹ 3,640 ₹ 45,527 November ₹ 2,938 ₹ 702 ₹ 3,640 ₹ 42,588 December ₹ 2,984 ₹ 657 ₹ 3,640 ₹ 39,605 2018 ₹ 39,605 ₹ 4,080 ₹ 43,684 ₹ 0 January ₹ 3,030 ₹ 611 ₹ 3,640 ₹ 36,575 February ₹ 3,077 ₹ 564 ₹ 3,640 ₹ 33,498 March ₹ 3,124 ₹ 516 ₹ 3,640 ₹ 30,374 April ₹ 3,172 ₹ 468 ₹ 3,640 ₹ 27,202 May ₹ 3,221 ₹ 419 ₹ 3,640 ₹ 23,981 June ₹ 3,271 ₹ 370 ₹ 3,640 ₹ 20,710 July ₹ 3,321 ₹ 319 ₹ 3,640 ₹ 17,389 August ₹ 3,372 ₹ 268 ₹ 3,640 ₹ 14,017 September ₹ 3,424 ₹ 216 ₹ 3,640 ₹ 10,593 October ₹ 3,477 ₹ 163 ₹ 3,640 ₹ 7,116 November ₹ 3,531 ₹ 110 ₹ 3,640 ₹ 3,585 December ₹ 3,585 ₹ 55 ₹ 3,640 ₹ 0