New Motorcycle Loan Calculator
Get an instant estimate of your motorcycle loan EMI with Zigwheels's user-friendly loan calculator. Simply enter the loan amount, tenure, and interest rate, then hit 'Apply Now' to see your personalized EMIs in seconds.
*Rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.
*Fees such as insurance, administrative, provision fees, etc. are not included in the simulation.
*The simulation is only a general description and is not the actual amount. The final amount will be determined by the financier.
Our Lending Partners
We are associated with a number of reputed motorcycle financial institutions in the Philippines that provide assistance to buyers.
Eligibility & Documents Required for Motorcycle Loan
- Eligibility
- Documents
- Filipino citizen between the age of 21 - 65 years, however, not exceeding 65 years at the time of loan maturity
- Foreign citizens residing in the Philippines with a positive endorsement from the company he/she is affiliated with along with a qualified Filipino citizen guarantor or co-maker
- Filipino citizens residing outside the Philippines with qualified Filipino citizen guarantor or co-maker
- Applicant must be employed or have a regular income source from a legitimate business
FAQ’s on Motorcycle Loan Calculator
How to Use a Motorcycle Loan EMI Calculator?
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Using a motorcycle loan EMI calculator is relatively simple and straightforward. The following are the steps to use a motorcycle loan EMI calculator:
- Enter the loan amount: The first step is to enter the amount of loan you wish to take for the motorcycle.
- Enter the interest rate: The second step is to enter the interest rate offered on the loan by the lender.
- Enter the loan tenure: The third step is to enter the tenure or the duration of the loan in months.
- Click on "Apply Loan": Once you have entered all the required information, click on the "Apply Loan" button to get the EMI.
- View the EMI: The calculator will then display the EMI that you need to pay every month to repay the loan.
What are the benefits of using an online Motorcycle Loan EMI Calculator?
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Convenience: Online motorcycle loan EMI calculators can be accessed from anywhere and at any time.
- Speed and accuracy: Online calculators are quick and efficient in providing accurate EMI calculations.
- Comparison: Online calculators allow users to compare different loan options based on interest rates, tenures, and down payments.
- Cost-effective: Online calculators are free to use and don't require any additional costs.
- Helps in planning: Knowing the EMI amount can help users plan their budget and finances, and make an informed decision about whether to take the loan or not. Additionally, it allows users to estimate the cost of a motorcycle.
