I am totally agreed with Dhanya Menon that if you have a good reputation with the bank then you can even avail 90% of the loan on the total cost of the bike. In order to save the customers from the unnecessary hassles for getting the loan, bike companies tied up with banks so that this process will be easy for them.
Sometimes what happens we have to take a loan as per our requirement and it becomes difficult for us to calculate its EMI. Now for the convenience of the loan takers, these companies have appended online calculators to their site and it has become easier to calculate EMI on the basis of the loan amount. Source:emicalculators.in