KATHMANDU: Royal Enfield motorcycles are now available for a down payment of as little as 40%.
The financing scheme unveiled by Alpha Automotive, the official distributor of Royal Enfield in Nepal, allows buyers to choose from three down payment options 40%, 50% or 60% with corresponding interest rates of 12.99%, 11.99% and 9.99%, respectively. The loan financing will be done by Hulas Fin Serve and is repayable over a two-year EMI plan, according to the company.
The financing offer is available on all Royal Enfield models.
One of the highlights of the offer is the newly launched Royal Enfield Classic 350 Madras Red variant. Priced at Rs 555,000, the model can be owned with a 40% down payment of Rs 222,000. The remaining amount can be paid in 24 monthly installments at an interest rate of 12.99%.
The Royal Enfield Classic 350 is powered by a 349cc, single-cylinder, four-stroke, fuel-injected engine that delivers 20.2 horsepower and 27 Nm of torque. It features a 5-speed gearbox, dual disc brakes and ABS across all variants.
According to the company, the Madras Red variant, part of the Heritage Series, blends classic styling with cultural elements. Its metallic flake finish and golden pin striping lend it a distinct vintage appeal, it added.
