- English
- Login / Register
Jitendra JMT 1000HS EMI Calculator
Jitendra JMT 1000HS EMI starts at Rs 3,023 per month for a tenure of 36 months @9.7 for a loan amount of Rs 93,678. 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 JMT 1000HS. (Calculated on On Road Price in Delhi)
Jitendra JMT 1000HS Down Payment and EMI
| JMT 1000HS Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 93,678 | Rs. 10,409 | Rs. 3,023 |
Calculate your Loan EMI for JMT 1000HS
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Beyond the Mainstream: Explore Uncharted Electric Vehicles
- Electric
Ampere Magnus EXRs83,792* - TEST RIDE AVAILABLEElectricKinetic Green E LunaRs94,525 - 1.05 Lakh*
- ElectricBounce Infinity E.1Rs64,221 - 1.30 Lakh*
- ElectricBGauss C12iRs1.04 - 1.35 Lakh*
- ElectricLectrix EV LXS G 2.0Rs1.04 Lakh*
- ElectricBattRE Electric StorieRs99,160 - 1.20 Lakh*
- ElectricJoy e-bike WolfRs78,682 - 87,828*
- Okaya FaastRs1.13 - 1.24 Lakh*
- ElectricFujiyama SpectraRs54,830 - 80,836*
Find EMI of JMT 1000HS Alternatives
JMT 1000HS 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 Jitendra JMT 1000HS 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 Jitendra JMT 1000HS 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. ₹94,087/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 94087 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,023/-
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 Jitendra JMT 1000HS 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 Jitendra JMT 1000HS 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.
Jitendra JMT 1000HS User Reviews
- All (4)
- Speed (2)
- Maintenance (2)
- Power (1)
- Mileage (1)
- Latest
- Most Helpful
- Good ScooterUsing this vehicle for almost 3 years and is quite satisfied with it as the maintenance cost is very low.I've been using this vehicle for almost 3 years and am quite satisfied with it, especially since the maintenance cost is very low.Was this review helpful?YesNo
- Budget FriendlyGood value for money, smooth top speed. In my opinion, this bike is a great investment for your monthly savings.Was this review helpful?YesNo
- Poor vehicle With Poor MileagePoor vehicle every month maintenance 500 to 1000. Its mileage is also very poor don't buy this vehicle its wast of money I already bought last 3 months.Was this review helpful?YesNo
- Best Bike In Electric SegmentThe bike motor is very powerful full and overweight carrying capacity is 150kg. One problem with the bike is speed due to 50kmph speed is not good. Soo improves on the speed with.....Read MoreWas this review helpful?YesNo
- View All Jitendra JMT 1000HS Reviews
Best Electric Bikes
Top 10 Scooters in India
- Honda Activa 6GRs76,684 onwards*
- TVS JupiterRs73,700 onwards*
- Suzuki Access 125Rs80,700 onwards*
- Honda Activa 125Rs80,256 onwards*
- TVS NTORQ 125Rs86,841 onwards*
- ElectricOla S1 ProRs1.20 Lakh onwards*
- Honda DioRs71,212 onwards*
- ElectricBajaj ChetakRs99,998 onwards*
- Yamaha Aerox 155Rs1.48 Lakh onwards*
- Yamaha RayZR 125 Fi HybridRs85,030 onwards*
Users Also Viewed
More Scooter Options to Consider
Trending Jitendra EV Scooters
- Jitendra EV JMT 1000HS 26Rs 89,000*
- Jitendra EV PrimoRs 79,999 - 1.22 Lakh*
- Jitendra EV JMT 1000 3KRs 1.22 Lakh*
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.