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Zelio Gracy i EMI Calculator
Zelio Gracy i EMI starts at Rs 1,633 per month for a tenure of 36 months @9.7 for a loan amount of Rs 51,142. 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 Gracyi. (Calculated on On Road Price in Delhi)
Zelio Gracy i Down Payment and EMI
Rs. 56,825 - 82,273*
EMI starts from ₹ 1,633
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for Gracyi
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.56,825
- Total Loan AmountRs.50825
- Payable AmountRs.58788
- You’ll pay extraRs.7963
EMIper month
Rs1,633
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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Gracyi EMI FAQs
Q) What will be the lowest down payment for Zelio Gracy i?
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 Zelio Gracy i includes the RTO and insurance charges.
Q) What will be the monthly EMI for Zelio Gracy i?
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 Zelio Gracy i 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. ₹50,825/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 50825 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,633/-
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 Zelio Gracy i?
A) The interest rate for Zelio Gracy i 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 Zelio Gracy i?
A) EMI for Zelio Gracy i 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.
Zelio Gracy i User Reviews
Based on27 User Reviews
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Popular Mentions
- All (27)
- Comfort (10)
- Experience (7)
- Mileage (5)
- Speed (5)
- Looks (5)
- Seat (3)
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- Latest
- Zelio Gracy iThis is good electric bike Having good mileage and other features But some of things are not much good like comfort is average And most of are best quality and features like having electric key like a car (also having normal key) Speed is also good for about 50 and avg of about 75-100 km I suggest you and add this in your list.Read MoreWas this review helpful?
- Recent experienceHandling the scooter is super easy, it glides like air. Body weight is also medium, best for family rides. Moreover it offers a mileage of minimum 35km/Litre which is decent. Seating space is also very comfortable. I highly recommend this vehicle. Best for short city rides and even long rides.Read MoreWas this review helpful?
- Zelio scooter and its pros consZelio scooter is very good and mileage is quite decent for local area uses and maintainence cost is also low . But the thing is that its spare parts are costly.Was this review helpful?
- Zelio Grace reviewIt was a good experience riding the bike. Features could have been better and same for the comfort. Overall a decent bikeWas this review helpful?
- Review of zelio graceyGood bike best for local but not good for long rides amazing features and looks decent range brakes can be more goodWas this review helpful?
- View All Zelio Gracy i Reviews
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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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