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Okaya Faast F2T EMI Calculator

Okaya Faast F2T EMI Calculator

Okaya Faast F2T EMI starts at Rs 2,859 per month for a tenure of 36 months @9.7 for a loan amount of Rs 89,104. 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 Faast F2T. (Calculated on On Road Price in Delhi)

 

Okaya Faast F2T Down Payment and EMI

Faast F2T VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD89,104Rs. 9,901Rs. 2,859
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Rs. 94,998*
EMI starts from ₹ 2,859
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Faast F2T

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.99,005
  • Total Loan AmountRs.89005
  • Payable AmountRs.102924
  • You’ll pay extraRs.13919
EMIper month
Rs2,859
Calculated on On Road Price in Delhi
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Faast F2T EMI FAQs

Q) What will be the lowest down payment for Okaya Faast F2T?
A) 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 Okaya Faast F2T includes the RTO and insurance charges.
Q) What will be the monthly EMI for Okaya Faast F2T?
A) 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 Okaya Faast F2T 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. ₹89,005/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 89005 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,859/- 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.
Q) What will be the interest rate for Okaya Faast F2T?
A) The interest rate for Okaya Faast F2T 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.
Q) What will be the EMI for 3 years tenure for Okaya Faast F2T?
A) EMI for Okaya Faast F2T 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.

Okaya Faast F2T User Reviews

4.1/5
Based on14 User Reviews
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Popular Mentions
  • All (14)
  • Looks (6)
  • Price (5)
  • Speed (4)
  • Seat (4)
  • Power (3)
  • Performance (3)
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  • Latest
  • I
    imran on May 13, 2024
    5.0
    boot space or chota to maza ajata
    Really good scoty all features are good on this price f4 batter than ola s1 pro lfp battery is safe thats why i suggest this scooty
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  • R
    riddhika on Jan 02, 2024
    4.5
    Good Experience
    I am enough happy with the Okaya Faast F2T, which starts at ₹ 89,999(ex-showroom). The ample layout, ultrapractical under-seat storehouse, and canny innards of every elevator each contribute to its happiness. Its long range ( over 80 kilometers) and short charging time( three to four hours) meet my prospects for trading distinction. It distinguishes itself from the challengers in the electric scooter request with its satiny, coincidental Design and veritably useful features. opting for the Okaya Faast F2T is a countersign of usability, availability, and luck-grounded living. For me, it also ensures smooth and pleasurable elevator Journeys.
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  • S
    sakshi on Dec 20, 2023
    3.8
    Wonderful Bike
    Okaya Faast F2T comes under the 1 lakh of price tag and provides a decent performance and range combination in this segment. The Appron mountain headlamps are decent in throw and have a good reach for clear visibility in the dark. Its 12-inch alloys are very responsive and provide a good grip on the road and the top speed is 70 kmph which is enough for city rides. Its acceleration does not let you down and the seat of this electric scooter is not so impressive although the floorboard has a good storage capacity.
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  • N
    nishant on Dec 20, 2023
    4.7
    Cargo-Carrying Electric Scooter for Delivery
    The Okaya Faast F2T, which begins at ₹ 89,999(ex-showroom), truly impresses me. Every lift is made further pleasurable with its comfortable commands, commodious ago, and useful under seat storehouse. Its emotional range of over 80 km and quick 3 – 4 hour charge time satiate my norms for exchanging perfection. It stands out from the competition in the electric scooter assiduity because of its satiny, ultramodern Design and ultrapractical features. Choosing the Okaya Faast F2T is a devotion to coincidental living, practicality, and affordability. It also guarantees that my lifts will be pleasurable and hassle-free.
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  • S
    sahil on Dec 18, 2023
    4.5
    This electric scooter comes with the good modern features
    This electric scooter comes with the good modern features with the driving range around 80 kmph. It is a very affordable scooter for the daily city rides with the top speed of 70 kmph. It provides portable battery and the charging time is around 5 hours which feels very slow. The drum brakes in both front and rear tyres are not reliable enough as compared to the disc brake system. The features of this electric scooter are good like Keyless entry, a motor lock with a remote, a digital instrument cluster, reverse and walk assistance, all-LED indicators and many more.
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  • View All Okaya Faast F2T Reviews

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Disclaimer :

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.

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*Ex-showroom Price in Delhi
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