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Avon e Scoot EMI Calculator
Avon e Scoot EMI starts at Rs 1,436 per month for a tenure of 36 months @9.7 for a loan amount of Rs 44,726. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your E Scoot 504. (Calculated on On Road Price in Delhi)
Avon e Scoot Down Payment and EMI
| E Scoot 504 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 44,726 | Rs. 4,970 | Rs. 1,436 |
Rs. 45,000*
EMI starts from ₹ 1,436
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for E Scoot 504
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.49,696
- Total Loan AmountRs.44696
- Payable AmountRs.51696
- You’ll pay extraRs.7000
EMIper month
Rs1,436
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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E Scoot 504 EMI FAQs
Q) What will be the lowest down payment for Avon e Scoot?
A) 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 Avon e Scoot includes the RTO and insurance charges.
Q) What will be the monthly EMI for Avon e Scoot?
A) 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 Avon e Scoot 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. ₹44,696/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 44696 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,436/-
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.
Q) What will be the interest rate for Avon e Scoot?
A) The interest rate for Avon e Scoot 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.
Q) What will be the EMI for 3 years tenure for Avon e Scoot?
A) EMI for Avon e Scoot 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.
Avon e Scoot User Reviews
Based on35 User Reviews
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Popular Mentions
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- Experience (8)
- Mileage (6)
- Price (6)
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- Great experiencegreat experience. nice design and performance, like the e-scooty. Like the dsign. really really great experience i got ever, price is also attractive, Avon e Scoot working well. Cost is also pocket friendly. I will recommend others to buy this nice scooty. Battery is also good, hope it will last long.Read MoreWas this review helpful?
- Budget box office ev scooterRecently i have purchased this avon e scooter this was fabulous when i was purchasing this vehicle due to low budget i have purchased this vehicle i just know this brand at bicycles but after purchasing i just got mad at this scooter definitely i will suggest this brand scooter just go for it if you are looking for under 50k best scooter for you…Read MoreWas this review helpful?
- Awesome performancestylish by design and user friendly for short distance travels. The battery power and speed is good and efficiency and torque of the bike is awesome. The colour variant stands out in the crowd. The sleek design makes even the starters ride with confidence and fearless.top speed of around 24 kmph , which is suitable for city and highway riding.Read MoreWas this review helpful?
- One of the best scooter in this segment my all timOne of the best scooter in this segment my all time favourite scooter if want to buy any scooter watch this one.One of the best scooter in this segment my all time favourite scooter if want to buy any scooter watch this oneOne of the best scooter in this segment my all time favourite scooter if want to buy any scooter watch this oneRead MoreWas this review helpful?
- Best scooty in the 30000This is the best scooty for in the 40000 because it the best scooty for senior citizen and children because it have low speed limit and comes with out at your required so and this is the best scooty for people who are showing her because the scooty height is very low and everyone can reach it this is the best could you can findRead MoreWas this review helpful?
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Disclaimer :
Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.
*Ex-showroom Price in Delhi
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