Li-ions Elektrik Solutions scooters Finance
Li-ions Elektrik Solutions Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Li-ions Spock Electric Scooter | Rs. 1,980 |
Li-ions Elektrik Solutions scooters Finance Schemes
FAQs for Li-ions Elektrik Solutions Finance
How is Li-ions Elektrik Solutions scooter loan EMI calculated monthly?
Li-ions Elektrik Solutions scooter loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI 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.
Which documents I need to have to apply for a Li-ions Elektrik Solutions two wheeler loan?
To get your Li-ions Elektrik Solutions scooter loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
What will be the minimum down payment for a Li-ions Elektrik Solutions Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the Li-ions Elektrik Solutions two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the Li-ions Elektrik Solutions scooter. Down payment is the difference between the on-road price of the Li-ions Elektrik Solutions scooter and the amount funded by the lender.
What will be the rate of interest on a Li-ions Elektrik Solutions scooter finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the Li-ions Elektrik Solutions two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Li-ions Elektrik Solutions Scooter News & Reviews
Li-ions Elektrik Solutions Scooters Further Research
Popular Li-ions Elektrik Solutions Two Wheelers
- Li-ions Elektrik Solutions Spock Electric ScooterRs 65,000*