Question 1

What will be the lowest down payment for Srivaru Prana 2.0?

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 Srivaru Prana 2.0 includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Srivaru Prana 2.0?

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 Srivaru Prana 2.0 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. ₹2,35,756/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 235756 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 7,172/-
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 Srivaru Prana 2.0?

Accepted Answer

The interest rate for Srivaru Prana 2.0 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 Srivaru Prana 2.0?

Accepted Answer

EMI for Srivaru Prana 2.0 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 Srivaru Prana 2.0 will take to charge?

Accepted Answer

Srivaru Prana 2.0 will take total 5 Hr to charge from 0-100 percent.

Question 6

What is the range offered by Srivaru Prana 2.0 on a full charge?

Accepted Answer

Srivaru Prana 2.0 offers range of 150 km/charge.

Question 7

Does Srivaru Prana 2.0 need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Srivaru Prana 2.0.

Question 8

What is the top speed of Srivaru Prana 2.0?

Accepted Answer

Top speed of Srivaru Prana 2.0 is 123 km/Hr.

Question 9

What is the battery capacity of Srivaru Prana 2.0?

Accepted Answer

Battery Capacity of Srivaru Prana 2.0 is 5 Kwh.

Question 10

What is the weight of Srivaru Prana 2.0?

Accepted Answer

The weight of Srivaru Prana 2.0 is 157.3 kg.

Question 11

What is the Curb weight of Srivaru Prana 2.0?

Accepted Answer

The curb weight of Prana 2.0is 157.3 kg.

Question 12

What is the max speed of Srivaru Prana 2.0?

Accepted Answer

The max speed of Srivaru Prana 2.0 is 123 km/Hr.

Question 13

What is the driving range of Srivaru Prana 2.0?

Accepted Answer

The driving range of Srivaru Prana 2.0 is 150 km/charge.

Question 14

What is the battery type of Srivaru Prana 2.0?

Accepted Answer

Srivaru Prana 2.0 uses the best Lithium-ion battery.

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