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Ampere Magnus G Max EMI Calculator
Ampere Magnus G Max EMI starts at Rs 3,094 per month for a tenure of 36 months @9.7 for a loan amount of Rs 96,573. 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 Magnus G Max. (Calculated on On Road Price in Delhi)
Ampere Magnus G Max Down Payment and EMI
| Magnus G Max Variants | Loan @9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| (NxG.io) | 1,02,985 | Rs. 11,443 | Rs. 3,323 |
| STD | 96,573 | Rs. 10,730 | Rs. 3,094 |
Shortlist
Rs.1,02,999* onwards
EMI starts from ₹3,094
Calculate your Loan EMI for Magnus G Max
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period (Months)
Your monthly EMI
Rs.3,094*
Rate of interest@ 9.7%* for 36 Months
- Loan amountRs.96303
- Interest amountRs.15081
- Total Amount PayableRs.111384*
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Magnus G Max EMI FAQs
Q) What will be the lowest down payment for Ampere Magnus G Max?
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 Ampere Magnus G Max includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ampere Magnus G Max?
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 Ampere Magnus G Max 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. ₹96,303/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 96303 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,094/-
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 Ampere Magnus G Max?
A) The interest rate for Ampere Magnus G Max 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 Ampere Magnus G Max?
A) EMI for Ampere Magnus G Max 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.
Ampere Magnus G Max User Reviews
Based on4 User Reviews
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Popular Mentions
- All (4)
- Looks (4)
- Comfort (3)
- Speed (2)
- Maintenance (2)
- Price (2)
- Seat (1)
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- Most Helpful
- Ampere the Best among the bestGood experience. I waited for 5 days as it was more demanding brand due to lack of raw material. Nice delivery experience. Nice driving experience as it was like flying with no sound. Good brake and nice pickup. Charging lasts for 120 kms. Headlamp looks nice and height of the vehicle is also very nice. Balance and safety is excellent.Read More3 11
- Great everyday EV with solid comfort and range.I picked the Magnus G Max because I wanted a reliable Electric scooter that genuinely delivers around 90 kms on a single charge for my daily city commute. It's simple design affordable pricing and promise of a low running costs made it feel like a practical choice over petrol scooters. This ride has been comfortable and easy. It feels smooth through city traffic and doesn't jerk while accelerating. Handling is confident and the seat feels fine even after long rides. I consistently get about 80-90 km of range per charge, which fits well with my daily needs without range stress. Yes, I would recommend it to anyone looking for a stress free daily ride within the city. If your daily travel is around 70-100 km this is a sensible choice. It offers comfort, dependable range, and reduced running cost without any complicated tech.Read More6 20
- I like this grand max scooterI wanted an electric scooter for daily office travel Its affordable comfortable for me and my wife and saves a lot on petrol per day i will travel per day around 30 km petrol price is high so my choice. Ride is smooth and easy in city traffic. Battery backup is good maintenance cost is low. Long rides feel a bit slow eco mode is get around 45km/hr speed in power mode get 64km/hr eco mode is high range. Yes its good for daily use office to home travel city ride is best average speed riding person like family man is good scooter and I like this scooty look because I'm previously using tvs pep look like.Read More3 6
- This scooter perfect for family personsI wanted affordable electric scooter for daily office use its gives good mileage, looks stylish and comfortable for family me and wife storage capacity is good compare my petrol bike rides too. Low running cost was a reason. Ride quality is smooth and comfortable it's easy to handle in city traffic stable on highways. Battery backup is good and maintenance cost is low compare to petrol bike long distance travel feel slow Yes i recommend it for daily commuters and family user its best for city rides with good savings no fuel not for high speed but perfect for regular use best saving my petrol cost around 5000rs/ month.Read More6 3
- View All Ampere Magnus G Max 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.
*Avg. Ex-Showroom price
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