What is the on-road price?

The Evtric Ride electric scooter has recently been launched in the country at Rs 67,996 (ex-showroom Pune).

What is the exact Height of Evtric Ride?

The height of Evtric Ride is 1060 mm

What is the range offered by Evtric Ride on a full charge?

Evtric Ride offers range of 80 km/charge.

Does Evtric Ride need a license?

Yes, it is required to have a driving license to drive Evtric Ride.

What is the top speed of Evtric Ride?

Top speed of Evtric Ride is 25 km/Hr.

What is the battery capacity of Evtric Ride?

Battery Capacity of Evtric Ride is Kwh.

What is the max speed of Evtric Ride?

The max speed of Evtric Ride is 25 km/Hr.

What is the driving range of Evtric Ride?

The driving range of Evtric Ride is 80 km/charge.

What is the battery type of Evtric Ride?

Evtric Ride uses the best Lithium-ion battery.

What will be the lowest down payment for Evtric Ride?

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 Evtric Ride includes the RTO and insurance charges.

What will be the monthly EMI for Evtric Ride?

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 Evtric Ride 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. ₹88,736/- on an annual rate of interest of 10% for a tenure of 3 years then EMI = 88736 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,851/- 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.

What will be the interest rate for Evtric Ride?

The interest rate for Evtric Ride 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.

What will be the EMI for 3 years tenure for Evtric Ride?

EMI for Evtric Ride 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.

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Recently Asked User Questions about Evtric Motors Ride

umesh asked on 9 Jan 2022
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What is the on-road price?
Bikedekho experts
on 9 Jan 2022
The Evtric Ride electric scooter has recently been launched in the country at Rs 67,996 (ex-showroom Pune).
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