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ADMS Mantra EMI Calculator
ADMS Mantra EMI starts at Rs 1,780 per month for a tenure of 36 months @9.7 for a loan amount of Rs 55,265. 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 Mantra. (Calculated on On Road Price in Delhi)
ADMS Mantra Down Payment and EMI
| Mantra Variants | Loan @9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 55,265 | Rs. 6,141 | Rs. 1,780 |
Shortlist
Rs.57,999*
EMI starts from ₹1,780
Calculate your Loan EMI for Mantra
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period (Months)
Your monthly EMI
Rs.1,780*
Rate of interest@ 9.7%* for 36 Months
- Loan amountRs.55406
- Interest amountRs.8674
- Total Amount PayableRs.64080*
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Mantra EMI FAQs
Q) What will be the lowest down payment for ADMS Mantra?
A) 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 ADMS Mantra includes the RTO and insurance charges.
Q) What will be the monthly EMI for ADMS Mantra?
A) 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 ADMS Mantra 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. ₹55,406/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 55406 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,780/-
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.
Q) What will be the interest rate for ADMS Mantra?
A) The interest rate for ADMS Mantra 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.
Q) What will be the EMI for 3 years tenure for ADMS Mantra?
A) EMI for ADMS Mantra 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.
ADMS Mantra User Reviews
Based on10 User Reviews
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Popular Mentions
- All (10)
- Comfort (3)
- Performance (3)
- Experience (2)
- Mileage (2)
- Pickup (1)
- Maintenance (1)
- More...
- Latest
- Super rideIt is very nice and good experience, we Will enjoy while riding .the mileage was decent, making it economical for daliy use.its light weight, easy to park,and gives good balance even for beginners. Brakes were responsive,and the ride felt stable even at slightly higher speeds. a convenient and comfortable experience.Read More1
- Paisa bashul61000 me electric scooter main soch bhi nahi sakta tha kisi bhi company ka dekh raha to 1.25 lakh se kisi bhi company ka price Kam hi nahi h. Par ADMS h to Rahat h. Yar Aaj k time me electric ke taraf log jaladi move taraf tavi honge jab unko electric scooter sasti milegi. Thank u ADMS mujhe mere budget me bike available karwane ke liye main dusro ko bhi apke bikes k liye ab suggest karunga😊Read More2
- Economic and suitable for young generationCity ride and eco scooty for women and youth and befit for online supply and lightweight no distubance for charging
- worst kabaad scootervery bad performance by the seller i bought this mantra scooter in march 2024 .. i have experienced worst experience .. the headlights and indicators stopped working after a short period of time and no service is being given by the company . everytime they would charge money for provinding service… worst experience ever . hope the company closes soon..Read More3 3
- very good for my mensvery good for performance and good look and wonderful technology also there market best vehicle in ev good very good1
- Good capacity vehicle..An ideal vehicle for everyoADMS Mantra is very good electric vehicle..Very good condition vehicle. A must have vehicle for everyone. kalas available to all
- Great ExperienceNice, If you have a short predictable commute, the electric scooter will serve you well. They are quieter, more efficient, easier to operate, and do not produce gas fumes. The operating cost of an electric scooter (charging vs. fuel) will be about 1/10 that of a gas scooter per km.Read More1 1
- Awesome ExperienceIt's an excellent and comfortable bike with an awesome appearance. The low-cost maintenance and full features make it the best bike I've ever seen.
- It Have A Good PickupIt has good pickup and good mileage. I have never seen this before, and I appreciate its battery comfort and excellent pickup.1 1
- Good ScooterGood electric scooter, nice performance, smooth riding with good features. The battery is good, and it's very nice.1
- View All ADMS Mantra Reviews
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Disclaimer :
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.
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