If you are planning to buy a new bike but do not have lump sum money then you can get it financed. Bajaj CT100 with 100cc engine is a good option to buy on finance.
The KS Alloy variant of the Bajaj CT100 can be bought with a down payment of Rs.6,000. The total price of the motorcycle is Rs 55,214 (On Road Price, Delhi).
After the down payment, you will have to pay an EMI of Rs 1,218 every month. You can get it financed on loan for 5 years. In such a situation, you will give a total of Rs 73,080 including Rs 23,866 of interest.
Apart from this, you can take a loan of Rs 49,326 for 3 years. It will attract an interest rate of 9.7 percent. That is, including the interest of Rs 14,326, you will have to pay Rs 63,540. During this, you will have to pay Rs 1,765 on EMI.
The Bajaj CT100 is powered by a 102cc engine that generates 7.9ps of power and 8.34Nm of torque. The bike comes with drum brakes and tube tyres. It gives mileage of 90 kmpl.
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