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PURE EV EcoDryft EMI Calculator
PURE EV EcoDryft EMI starts at Rs 3,022 per month for a tenure of 36 months @9.7 for a loan amount of Rs 94,551. 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 EcoDryft. (Calculated on On Road Price in Delhi)
PURE EV EcoDryft Down Payment and EMI
Calculate your Loan EMI for EcoDryft
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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EcoDryft 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 PURE EV EcoDryft 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 PURE EV EcoDryft 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. ₹94,057/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 94057 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,022/-
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 PURE EV EcoDryft 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 PURE EV EcoDryft 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.
PURE EV EcoDryft User Reviews
- All (4)
- Speed (2)
- Comfort (2)
- Mileage (1)
- Power (1)
- Seat (1)
- Latest
- Most Helpful
- Awesome bikeThe best in ev, taking charging time Comfort for both rider and non rider, mileage also good. Especially speed awesome.. nice bikeWas this review helpful?YesNo
- bekar gadi hai please koi bhi is gadi ko mat karbekar gadi hai iska kabhi break Kam nahin Karta uska lock set locking system bhi achcha nahin hai main is gadi ko 6 mahine se use kar raha hun main company se kahana chahta hun.....Read MoreWas this review helpful?YesNo
- very good bike and overall features is bestA very good bike with comfortable seating and easy-to-drive features. It fits well within a low budget and offers a range of features. We appreciate this type of e-bike.Was this review helpful?YesNo
- New and interestingPure EV equipped the e-motorcycle with a 3kWh battery and a 3kW motor (peak power). The ecoDryft has a top speed of 75kmph and a maximum range of 130km. According to Pure EV, the.....Read MoreWas this review helpful?YesNo
- View All PURE EV EcoDryft Reviews
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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.