Zelio scooters Finance

Q: What will be the rate of interest on a Zelio scooter finance?

The interest rate primarily depends on the principal amount and tenure of the loan amount of the Zelio two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.

Are you interested in buying a new Zelio scooters and not able to find right deal? Not sure if you are being charged the right interest rate for your |||Zelio two wheeler loan? Check out the BikeDekho EMI calculator to find the best Zelio finance scheme by choosing the model that you wish to buy or calculate loan interest rate and equated monthly instalments (EMI) by entering the amount of bike loan that you wish to take.

Zelio Two Wheeler Loan EMI

MODEL	EMI (36 MONTHS)
Zelio Gracy i	Rs. 1,633
Zelio Eeva	Rs. 1,593
Zelio Eeva ZX	Rs. 1,703
Zelio Gracy	Rs. 1,628
Zelio Legender	Rs. 1,814

Zelio Gracy i
Rs.56,825 - 82,273^*
EMI starts from Rs. 1,633
9-10 Hr
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Zelio Eeva
Rs.54,575 - 57,475^*
EMI starts from Rs. 1,593
4-5 Hr
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Zelio Eeva ZX
Rs.59,000 - 62,000^*
EMI starts from Rs. 1,703
4-5 Hr
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Zelio Gracy
Rs.56,675 - 59,755^*
EMI starts from Rs. 1,628
4-5 Hr
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Zelio Legender
Rs.59,048 - 60,476^*
EMI starts from Rs. 1,814
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Zelio X Men
Rs.64,543 - 87,543^*
EMI starts from Rs. 1,962
7-9 Hr
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Zelio Gracy Pro
Rs.79,999^*
EMI starts from Rs. 2,434
4 Hr
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Zelio Gracy+
Rs.60,073 - 83,073^*
EMI starts from Rs. 1,848
9-10 Hr
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*Ex-showroom price Delhi

Zelio Two Wheelers by Price

Zelio Scooters Under 70000

Zelio Scooters Under 1 Lakh

Zelio Scooters Under 1.5 Lakh

FAQs for Zelio Finance

How is Zelio scooter loan EMI calculated monthly?

Zelio 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 Zelio two wheeler loan?

To get your Zelio 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 Zelio Bike/Scooter loan?

The lenders generally finance 90% of the ex-showroom price of the Zelio 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 Zelio scooter. Down payment is the difference between the on-road price of the Zelio scooter and the amount funded by the lender.