Calculate your Loan EMI for Astrid Lite
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Astrid Lite EMI FAQs
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 Gemopai Astrid Lite includes the RTO and insurance charges.
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 Gemopai Astrid Lite 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. ₹1,03,645/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 103645 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,330/-
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.
The interest rate for Gemopai Astrid Lite 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.
EMI for Gemopai Astrid Lite 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.
Gemopai Astrid Lite User Reviews
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- Great ScooterThe Gemopai Astrid Lite is an electric scooter that exceeded all my expectations. Its design is really appealing, and the range is near 180 km per charge which is actually.....Read MoreWas this review helpful?YesNo
- Riding Astrid Lite Since 1.6 YearsI am riding Astrid Lite e scooter since last 1.6 years. This electric scooter is a game-changer for daily errands. All I have to charge it once and I am good to go for days to.....Read MoreWas this review helpful?YesNo
- Fraud companyMy name is Nandaraj Kakad when I went to blive store the manager there named Gauri gave me a quotation of 1,30,000/- for a scooter named Astrid Light of Gempoi company and told.....Read MoreWas this review helpful?YesNo
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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.