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Atumobile AtumVader EMI Calculator
Atumobile AtumVader EMI starts at Rs 3,274 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,01,612. 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 AtumVader. (Calculated on On Road Price in Delhi)
Atumobile AtumVader Down Payment and EMI
Calculate your Loan EMI for AtumVader
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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AtumVader 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 Atumobile AtumVader 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 Atumobile AtumVader 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. ₹1,01,902/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 101902 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,274/-
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 Atumobile AtumVader 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 Atumobile AtumVader 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.
Atumobile AtumVader User Reviews
- All (8)
- Price (4)
- Looks (3)
- Comfort (2)
- Seat (2)
- Experience (2)
- Performance (2)
- Space (1)
- More ...
- Latest
- Most Helpful
- Good Performance
The best vehicle for daily use works. No extra cost of changing the price of petrol also there's no pollutionRead More
Was this review helpful?YesNo - Comfortable For Longs Rides
It's a good experience and the bike is very comfortable for long rides. It's a good bike to buy at a minimum price.Read More
Was this review helpful?YesNo - Best Vehicle In Electric Segment.
Best vehicle in the electric segment. Due to the high prices of fuel, the demand for an electric vehicle is gone up. Also, it is environmentally friendly and free from pollution......Read More
Was this review helpful?YesNo - Great Bike In This Segment
Automobile AtumVader comes with a 2.4 kWh battery pack with a top speed of 65 km/h and a claimed range of 100 km on a single charge. It has a clutchless powertrain and a Boot.....Read More
Was this review helpful?YesNo - Very Good Looking
This is a very good-looking lightweight e-bike with a very good range and fast charging. The only problem is that the seat is a little uncomfortable for the pillion rider. The.....Read More
Was this review helpful?YesNo - View All Atumobile AtumVader 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.