If you are a bike owner and had purchased it on loan, knowing the EMI amount in advance would be helpful. The EMI consists of the principal and interest on the loan and will be a fixed amount every month. EMI calculator is an online tool which would help you to plan the monthly payoffs. You have the option to close your bike loan within 48 months with a flexible EMI (Equal Monthly Instalments). Adjust the duration of payments to choose an amount that would be easy on the pocket. Learn more about bike finance EMI calculator in the following sections.