Question 1

How much time Amapere Magnus Neo will take to charge?

Accepted Answer

Amapere Magnus Neo will take total 5-6 Hr to charge from 0-100 percent.

Question 2

What is the range offered by Amapere Magnus Neo on a full charge?

Accepted Answer

Amapere Magnus Neo offers range of 100 km/charge.

Question 3

Does Amapere Magnus Neo need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Amapere Magnus Neo.

Question 4

What is the top speed of Amapere Magnus Neo?

Accepted Answer

Top speed of Amapere Magnus Neo is 65 km/Hr.

Question 5

What is the battery capacity of Amapere Magnus Neo?

Accepted Answer

Battery Capacity of Amapere Magnus Neo is  Kwh.

Question 6

What is the max speed of Amapere Magnus Neo?

Accepted Answer

The max speed of Amapere Magnus Neo is 65 km/Hr.

Question 7

What is the driving range of Amapere Magnus Neo?

Accepted Answer

The driving range of Amapere Magnus Neo is 100 km/charge.

Question 8

What is the battery type of Amapere Magnus Neo?

Accepted Answer

Amapere Magnus Neo uses the best Lithium-ion battery.

Question 9

What will be the lowest down payment for Amapere Magnus Neo?

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 Amapere Magnus Neo includes the RTO and insurance charges.

Question 10

What will be the monthly EMI for Amapere Magnus Neo?

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 Amapere Magnus Neo 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. ₹81,162/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 81162 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,607/-
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 11

What will be the interest rate for Amapere Magnus Neo?

Accepted Answer

The interest rate for Amapere Magnus Neo 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 12

What will be the EMI for 3 years tenure for Amapere Magnus Neo?

Accepted Answer

EMI for Amapere Magnus Neo 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.

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