Question 1

What will be the lowest down payment for Lectrix EV LXS 3.0?

Accepted Answer

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 Lectrix EV LXS 3.0 includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Lectrix EV LXS 3.0?

Accepted Answer

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 Lectrix EV LXS 3.0 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. ₹91,029/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 91029 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,924/-
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.

Question 3

What will be the interest rate for Lectrix EV LXS 3.0?

Accepted Answer

The interest rate for Lectrix EV LXS 3.0 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.

Question 4

What will be the EMI for 3 years tenure for Lectrix EV LXS 3.0?

Accepted Answer

EMI for Lectrix EV LXS 3.0 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.

Question 5

How much time Lectrix EV LXS 3.0 will take to charge?

Accepted Answer

Lectrix EV LXS 3.0 will take total 3.5 Hr to charge from 0-100 percent.

Question 6

What is the range offered by Lectrix EV LXS 3.0 on a full charge?

Accepted Answer

Lectrix EV LXS 3.0 offers range of 120 km/charge.

Question 7

Does Lectrix EV LXS 3.0 need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Lectrix EV LXS 3.0.

Question 8

What is the top speed of Lectrix EV LXS 3.0?

Accepted Answer

Top speed of Lectrix EV LXS 3.0 is 54 km/Hr.

Question 9

What is the battery capacity of Lectrix EV LXS 3.0?

Accepted Answer

Battery Capacity of Lectrix EV LXS 3.0 is 3 Kwh.

Question 10

What is the weight of Lectrix EV LXS 3.0?

Accepted Answer

The weight of Lectrix EV LXS 3.0 is 133.94 kg.

Question 11

What is the Curb weight of Lectrix EV LXS 3.0?

Accepted Answer

The curb weight of LXS 3.0is 133.94 kg.

Question 12

What is the max speed of Lectrix EV LXS 3.0?

Accepted Answer

The max speed of Lectrix EV LXS 3.0 is 54 km/Hr.

Question 13

What is the driving range of Lectrix EV LXS 3.0?

Accepted Answer

The driving range of Lectrix EV LXS 3.0 is 120 km/charge.

Question 14

What is the battery type of Lectrix EV LXS 3.0?

Accepted Answer

Lectrix EV LXS 3.0 uses the best Lithium-ion battery.

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