2021 Royal Enfield Continental GT 650This Royal Enfield Continental GT 650 has 5 color shades Rocker Red, Mr. clean, British Racing Green, Ventura Storm, and Dux Deluxe. The ex-showroom price of the Royal Enfield Continental GT 650 ranges from Rs 2.91 lacs to Rs 3.13 lacs. There are three variants available of Continental GT 650; the standard variant is priced at Rs 2.91 lacs, the custom variant is available at the ex-showroom price of Rs 3 lacs and the Chrome variant is available at Rs 3.13 lacs.
FeaturesIt features a digital odometer, analog speedometer, analog tachometer, and digital trip meter, digital fuel gauge, engine kill switch, low battery indicator, low oil indicator, and low fuel indicator.
EngineIt is powered by a parallel twin, four-stroke, single overhead cam, fuel-injected, air/oil-cooled, 648cc BS6 engine mated with a 6-speed constant mesh gearbox. It produces a maximum power of 47 hp at 7150 rpm and a maximum torque of 52 Nm at 5250 rpm.
Wheels, Tyres, Brakes and SuspensionsIt has been equipped with 18 inches spoke wheels along with 100/90 – 18" M / C56H front and 130 / 70 – 18" M/C63H tubed tyres. It has both front and rear disc brakes of diameter 320 mm and 240 mm respectively with a dual-channel ABS. This bike is built upon Steel tubular double-cradle frame with a front 41mm diameter fork suspension and coil-over shocks twin rear suspension.
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The halogen headlamp, LED tail, bulb turn signal lamps, and other electrical instruments in the cafe racer bike are electrified by a 12V, 8Ah battery.
Dimension and WeightThe length, width, and height of Continental GT 650 are 2122 mm, 744 mm, and 1024 mm respectively. It provides a ground clearance of 174 mm and a wheelbase of 1398 mm. The kerb weight of this bike is around 200 kg. The fuel tank capacity of the Royal Enfield Continental GT 650 is 13.7 litres.
Royal Enfield Continental GT 650 Loan InformationTo get a loan for Royal Enfield Continental GT 650, the details provided by the customer should comply with the eligibility criteria for a two-wheeler loan. The CIBIL score is very important while getting a loan because the CIBIL score puts up the credit history of the customer. Generally, banks and NBFCs do not prefer to provide loans to the ones who have a bad credit score, that is the CIBIL score. Customers can check the CIBIL score from various financial websites as well as the eligibility for loans.
Loan EMI CalculationThe monthly loan EMI depends upon loan amount, interest rate, and loan repayment period, that is loan tenure. If the customer is willing to borrow the maximum loan amount, then he/she should have to pay a lower amount as a down payment.
Note that, if you are getting a loan at higher rates of interest, then you will end up paying extra money to the lender. So, first, you have to do is compare the rates of interest from various lenders, then go for the lowest ones. The other benefit of lower rates of interest is that you can take the loan for a longer tenure, which will decrease the amount of monthly EMI and still you will not have to pay extra money.
After reading the following examples of loan EMI calculations, you will be able to understand the above points easily.
If you are taking a loan of Rs 2.50 lacs for Royal Enfield Continental GT 650 standard variant, at a 10.65% annual rate of interest, for a tenure of 3 years, then the remaining amount of the on-road price should be paid by the customer as a down payment before the loan process starts.
The payment of a total of Rs 2.93 lacs, including the interest of Rs 43,000, will be done by the customer in monthly installments of Rs 8,100.
The monthly EMI for the same loan amount and interest rate, but a tenure of 5 years, will be Rs 5400. And the total payable amount, including the interest of Rs 73,000, will be Rs 3.23 lacs.
Suppose the customer is getting 100% financing of the ex-showroom price for Royal Enfield Continental GT 650 Chrome variant, that's Rs 3.13 lacs, at 7.45% annual rate of interest, for a tenure of 3 years, then the remaining amount of the on-road price, which includes RTO charges, registration charges, number plate charges, insurance, and other applicable charges, will be paid by the customer as a down payment.
The monthly EMI for this loan will be Rs 9,700. The total payment of Rs 3.50 lacs, which includes the total interest of Rs 37,000, will be done by the customer by the end of the loan repayment period.
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If the same loan amount is taken at the same rate of interest, but for the tenure of 5 years, then total interest will be Rs 62,000. So, the payment of Rs 3.75 lacs, including the interest, will be paid by the customer in monthly EMIs of Rs 6,200.
You can calculate more examples of loan EMI for various loan amounts, interest rates, and loan tenure, using the Bike loan EMI calculator.