Question 1

What will be the lowest down payment for ADMS Mantra?

Accepted Answer

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the  and the amount funded by a lender. This means the minimum possible down payment that you have to pay for ADMS Mantra includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for ADMS Mantra?

Accepted Answer

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for ADMS Mantra can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹92,056/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 92056 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,957/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

Question 3

What will be the interest rate for ADMS Mantra?

Accepted Answer

The interest rate for ADMS Mantra primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

Question 4

What will be the EMI for 3 years tenure for ADMS Mantra?

Accepted Answer

EMI for ADMS Mantra for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Question 5

How much time ADMS Mantra will take to charge?

Accepted Answer

ADMS Mantra will take total 4-8 Hr to charge from 0-100 percent.

Question 6

What is the range offered by ADMS Mantra on a full charge?

Accepted Answer

ADMS Mantra offers range of 60-100 km/charge.

Question 7

Does ADMS Mantra need a license?

Accepted Answer

Yes, it is required to have a driving license to drive ADMS Mantra.

Question 8

What is the battery capacity of ADMS Mantra?

Accepted Answer

Battery Capacity of ADMS Mantra is  Kwh.

Question 9

What is the driving range of ADMS Mantra?

Accepted Answer

The driving range of ADMS Mantra is 60-100 km/charge.

Question 10

What is the battery type of ADMS Mantra?

Accepted Answer

ADMS Mantra uses the best Lithium-ion battery.

Questions and Answers on ADMS Mantra

Ask questions, share knowledge, and connect with fellow riders!

Frequently Asked Questions On ADMS Mantra

EMI

Specifications

Find FAQ of Mantra Alternatives

More Scooter Options to Consider

Further Research

Trending ADMS Scooters