Login to Internet banking
A brand-new experience - smarter, faster, and secured
Introducing the First-in-industry IDFC FIRST Bank's Super Account
Request a Callback
You gain a dedicated partner committed to helping you reach your full potential and achieve new heights
Know More- Account with Auto-Sweep FD
- Account for all Domestic businesses
- Account for Importers & Exporters
- Account for Start-ups
- Accounts for Trusts/Associations/Societies/Clubs
- Account for Merchants
- Account for Agri Traders
- Account for Self-employed professionals
- Special Purpose Accounts e.g. SNRR, RERA, EEFC
BRAVO (Auto Sweep)
Convert the idle funds in your current account into a fixed deposit with the BRAVO feature.
Know More
Zero Forex Markup Current Account
Maximise your savings and boost profitability with our Zero Forex Markup current accounts
Know More
Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments
Know More
A Card that Powers your Savings & Lifestyle
IDFC FIRST Bank HPCL Credit Card
Most Searched
Earn up to 6.50% interest on your Savings Account
Open Account Now
Download our app
Get instant help for all your queries in one place
Explore Personal
- Accounts
Tools & Calculators
Privilege Program
- Privilege Program
Unlock features, exclusively available
only on the IDFC FIRST Bank app
Hero Splendor EMI Calculator
Ride Home Your Dream Hero Splendor with IDFC FIRST Bank’s Two-Wheeler Loans
-
-
-
Two-Wheeler Loan EMI Calculator
Your EMI will be
₹5,072/month*
Total Interest Payable
₹43,435
Total Amount Payable
₹2,43,435
Explore Bikes
*Two-Wheeler Loan EMI Calculator is only for illustration purposes. For actual calculations refer to your Repayment Schedule & Loan Agreement.*T&C Apply
The Hero Splendor EMI calculator tool from IDFC FIRST Bank makes planning your bike purchase simple and stress-free. By entering details such as the loan amount, interest rate, and tenure, you can instantly know your expected EMI amount. This easy-to-use tool helps you compare repayment options, manage your budget better, and avoid surprises before applying. With quick results and accurate calculations, it ensures complete financial clarity, making your journey to own a Hero Splendor smooth and well-planned.
How to use the Splendor EMI calculator?
IDFC FIRST Bank's Splendor EMI calculator enables you to calculate your monthly instalments speedily and accurately. Here is what you need to do for using the calculator:
• Enter the loan amount (On-road price of the Hero Splendor)
• Enter the down payment amount that you are planning to pay upfront
• Select the interest rate that is applicable to you by adjusting the slider
• Fill in the repayment period that suits you
The bike loan EMI calculator will automatically show you the EMI payable by you each month. This enables you to budget well and select a repayment plan that works best for you.
Understanding the down payment of the Hero Splendor
The down payment is the amount you pay upfront while buying the bike. IDFC FIRST Bank offers up to 95% of the on-road price of the Splendor bike, and this means you will only need to pay 5% of purchase price from your pocket. The down payment amount is based on the variant of the bike and the on-road price in your locality.
Example of down payment & EMI for the Hero Splendor
For instance, if the market price of Hero Splendor Plus is ₹80,000, IDFC FIRST Bank can lend you a maximum of ₹76,000 (95% of price). So, your down payment would be approximately ₹4,000. With a loan period of 36 months and an interest rate of 18.99%* (For commuter bikes), your EMI would be approximately ₹2,785 per month. IDFC FIRST Bank's Splendor EMI calculator allows you to personalise these inputs to see various EMI alternatives. Here is the table summarising your loan details.
| Bike | Price | Down Payment | EMI (36 months) | Total Interest | Total Payment |
| Hero Splendor | ₹80,000 | ₹4,000 | ₹2,785 | ₹24,260 | ₹1,04,260 |
Key features & specifications of the Hero Splendor
Hero Splendor is among India's most reliable and mileage-bred commuter bikes. It is made for daily commute with great mileage, long-lasting build, and low maintenance. Depending on the model, you receive features like i3S technology for mileage, efficient engine performance, and comfortable seating for long-distance commuting. These features make the Splendor an affordable and desirable option for first-time buyers as well as daily commuters, and IDFC FIRST Bank simplifies purchasing your dream bike.
Two-wheeler loans from IDFC Bank to buy the Hero Splendor
IDFC FIRST Bank simplifies buying the Hero Splendor and makes it affordable through its two-wheeler loans.
• IDFC FIRST Bank provides competitive interest rates of 18.99%* for commuter bikes like the Hero Splendor.
• Customers have the option to avail flexible repayment terms of 6 to 60 months.
• Instant digital disbursal is offered, which is a fast and convenient process.
• Basic KYC documents like an Aadhaar card, passport, voter ID, or driving license are needed to be submitted by the applicants. Passport-sized photo and a loan application form duly filled are also required.
• For applicants above the age of 21 years, no guarantor is required during loan application. However, applicants between 18 to 21 years need a co-applicant.
• Customers can apply easily online or approach one of IDFC FIRST Bank's partner showrooms to process it hassle-free.
Popular Two-Wheeler Loan FAQs
What is the minimum down payment for a Hero Splendor with an IDFC FIRST Bank loan?
The minimum down payment for a Hero Splendor from IDFC FIRST Bank is about 5% of the on-road price of the bike. The rest 95% can be easily financed through two-wheeler loan application either online or at the nearest IDFC FIRST Bank partner showroom.
How do I calculate my Splendor EMI?
You can determine your Splendor’s EMI payments with IDFC FIRST Bank's Splendor EMI calculator by inserting the loan amount, tenure, and bike loan interest rate. The calculator will display your monthly instalment immediately. It helps you accurately determine the loan cost and EMIs to plan your bike financing in a better way.
What is the interest rate on Hero Splendor loans?
With IDFC FIRST Bank, the interest rates for commuter bikes like the Hero Splendor starts at 18.99% per annum. However, it can change depending on the variant of the vehicle and your credit profile.
Is it possible to get an online loan for a Splendor Plus?
Yes, you can apply for a Hero Splendor Plus loan online via the IDFC FIRST Bank website or mobile application.
Two Wheeler Loan Blogs
Saving Account Content
Personal Loan Content
Home Loan Content
Credit Card Content
Mutual Fund Content
Fixed Deposit Content
