TVS Apache RTR 160: Affordable Pricing and EMI Options for This Sporty Bike
The TVS Apache RTR 160 has emerged as one of the best-selling motorcycles in India, renowned for its robust engine performance and stylish design. If you’re considering owning this popular bike but are concerned about the upfront cost, there are financing options available to make your purchase easier. Here’s a detailed look at the TVS Apache RTR 160 finance plan and what you can expect in terms of EMI payments.
TVS Apache RTR 160 Finance Plan
The TVS Apache RTR 160 is available in several variants, with the drum brake variant priced at ₹1,43,964 (on-road, Delhi). To finance this motorcycle, you can opt for a down payment and loan plan that suits your budget:
Down Payment: If you make a down payment of ₹20,000, you can secure a loan of approximately ₹1,20,000 from a bank.
Interest Rate: The bank will charge an interest rate of around 9.7% per annum on this loan.
EMI Details: With this loan, you will pay an EMI of ₹3,983 for a tenure of 3 years. This plan allows you to fully own the motorcycle within 3 years. Alternatively, you could extend the loan tenure to 5 years if preferred.
Engine and Performance
The TVS Apache RTR 160 is equipped with a 159.7 cc single-cylinder petrol engine. This engine produces a maximum power of 15.82 PS and a peak torque of 13.85 Nm. The bike is known for its fuel efficiency, offering a mileage of approximately 46 km/l.
Features and Specifications
The TVS Apache RTR 160 comes packed with features designed to enhance the riding experience:
Riding Modes: It offers three riding modes: Sports, Rain, and Urban, catering to different riding conditions.
Digital Instrument Cluster: The motorcycle includes a digital instrument cluster for advanced tracking of ride metrics.
Safety Features: Features such as crash alerts enhance safety while riding.
Brakes and Tank: The bike comes with both drum and disc brake options and has a large 12-liter fuel tank.
Weight: The TVS Apache RTR 160 weighs 137 kg, making it manageable and agile on the road.
Competition
In the Indian motorcycle market, the TVS Apache RTR 160 competes directly with models like the Bajaj Pulsar N150 and the Hero XTreme 160R. Its combination of features, performance, and competitive pricing makes it a strong contender in its segment.