![Atumobile Atum Version 1.0 EMI Calculator Atumobile Atum Version 1.0 EMI Calculator](https://bd.gaadicdn.com/processedimages/atumobile/version-1-0/204X134/version-1-0613987d6b9abe.jpg?impolicy=resize&imwidth=280)
Atumobile Atum Version 1.0 EMI Calculator
Atumobile Atum Version 1.0 EMI starts at Rs 1,894 per month for a tenure of 36 months @9.7 for a loan amount of Rs 58,467. 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 Atum Version 1.0. (Calculated on On Road Price in Delhi)
Atumobile Atum Version 1.0 Down Payment and EMI
Atum Version 1.0 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
---|---|---|---|
STD | 58,467 | Rs. 6,496 | Rs. 1,894 |
Calculate your Loan EMI for Atum Version 1.0
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Atum Version 1.0 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 Atum Version 1.0 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 Atum Version 1.0 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. ₹58,963/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 58963 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,894/-
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 Atum Version 1.0 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.
EMI for Atumobile Atum Version 1.0 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.
Atumobile Atum Version 1.0 User Reviews
- All (4)
- Mileage (2)
- Suspension (1)
- Rear (1)
- Comfort (1)
- Speed (1)
- Latest
- Most Helpful
- Need Improvement
1. Battery is never getting fully charged. I just got 30kms mileage. 2. Rear brake problem. 3. Suspension problem. 4. Water can easily enter the battery compartment. 5......Read More
Was this review helpful?YesNo - Atum 1.0 Good Quality Bike
This is a nice bike with good quality. This is a comfortable bike in sitting, speed, and mileage.Read More
Was this review helpful?YesNo - Improvement Needed
The vehicle lacks in these things- 1. It has a suspension issue while riding, lot of back pain is felt.when riding even in 23kmph. 2. No Safety for battery it moves when we.....Read More
Was this review helpful?YesNo - All Over Comfortable
This is a nice bike and on the budget. This is comfortable in sitting, nice in speed, and mileage. Read More
Was this review helpful?YesNo - View All Atumobile Atum Version 1.0 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.