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    Ampere Magnus Neo EMI Calculator

    Ampere Magnus Neo EMI Calculator

    Ampere Magnus Neo EMI starts at Rs 2,635 per month for a tenure of 36 months @9.7 for a loan amount of Rs 81,915. 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 Neo. (Calculated on On Road Price in Delhi)

     

    Ampere Magnus Neo Down Payment and EMI

    Magnus Neo VariantsLoan @ 9.7%. Down paymentEMI (36 months)
    STD81,915Rs. 9,102Rs. 2,635
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    Rs.86,999*
    EMI starts from ₹2,635
    View Finance Offers

    Calculate your Loan EMI for Magnus Neo

          Down PaymentRs.
          0Rs.0
          Bank Interest Rate %
          6%26%
          Loan Period ( Months )
          Your monthly EMI
          Rs.2,635*
          Rate of interest @ 9.7%* for 36 Months
          • Loan amountRs.82017
          • Interest amountRs.12843
          • Total Amount PayableRs.94860*
          • Get EMI offers

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          Magnus Neo EMI FAQs

          Q) What will be the lowest down payment for Ampere Magnus Neo?
          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 Neo includes the RTO and insurance charges.
          Q) What will be the monthly EMI for Ampere Magnus Neo?
          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 Neo 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. ₹82,017/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 82017 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,635/- 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 Neo?
          A) The interest rate for Ampere Magnus Neo 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 Neo?
          A) EMI for Ampere Magnus Neo 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 Neo User Reviews

          4.6/5
          Based on9 User Reviews
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          Popular Mentions
          • All (9)
          • Comfort (6)
          • Speed (6)
          • Looks (5)
          • Suspension (3)
          • Maintenance (2)
          • Parts (2)
          • More...
          • Latest
          • Most Helpful
          • M
            mikhail on Mar 04, 2026
            4.8
            My go-to everyday bike for daily rides
            I chose this bike after watching a detailed YouTube review and conducting high amounts of digital and reddit research. The removable battery, stylish body graphics and digital meter looked very practical. Seemed reliable for daily commuting. Great. No complaints honestly. Works great for my everyday commute, getting close to 80 kms on a single charge which is pretty good. The low running cost is the biggest plus. Shout out to the USB port in there If you're travelling daily within the city, then 100%. Not the best for high speed highway rides but the perfect vibe for in-city and in-road shenanigans. Despite not being feature-rich, The Magnus Neo packs a punch for real
            Read More
          • M
            mahek on Feb 24, 2026
            4.3
            Great vale EV scooter for city rides
            My cousin suggested this scooter and later I saw its review on YouTube. I liked the simple but classy design and comfortable long seat. The range suits my daily city travel and the removable battery makes charging very convenient. Magnus Neo is simple, comfortable and easy to handle in traffic. I am getting around 85-95 km range depending on the riding style. Suspension is okay for city roads and ride modes help manage battery better. Overall, a practical electric scooter. Yes, I would recommend the Ampere Magnus Neo if you are looking for an affordable electric scooter for daily commuting. The range is decent for city rides and the top speed is suitable for regular traffic. It is easy to ride and maintain. It may not have premium features but for the price it delivers good value.
            Read More
            1
          • K
            kshitij on Feb 24, 2026
            4.3
            Reliable daily commuter with solid range
            I first saw an ad for this scooter on Instagram, and it really caught my attention. It is stylish due to look LED lights and digital display felt modern after checking the range. The removable battery I felt it is perfect for my daily office rides. Using the ampere Magnus new for daily commuting and its been a month smooth comfortable ride so far. I am getting around 85 to 95 km on a full charge which is enough to city travel. Suspension handles decent and features like ride mode, USB Bolt and good storage make it practical. Yes, I would hundred percent recommend Ampere Magnus new for daily city use. It offers a practical riding range of about 85 to 95 km and a top speed of 65 km which is enough for office commute and local travels. The scooter feels comfortable and easy to handle running cost are low, but features are basic and charging takes time. Overall a value for Money EV.
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          • R
            rahul on Feb 24, 2026
            4.5
            Trustworthy choice for city commuting
            Discovered the bike from YouTube and the features were very nice. The design, console and riding looked comfortable. Also its practical for city riding. The LCD screen is also a good touch for daily usage. Good. getting around 90 KM mileage actually and its good for daily city travel. All this on one charge which is very good when you consider the expense on petrol. The ride is smooth and features are best such as the USB and ride mode because of the convenience. Absolutely get it if you want a proper Value For Money machine with good mileage and reliable output. For Mumbai like city roads, maintenance is also low and easily manageable. Great for daily users.
            Read More
          • N
            nandini on Feb 22, 2026
            5.0
            Good and Affordable EV scooter for daily commute
            I saw this scooter in a facebook video ad and loved its stylish yet suitable appearance. The digital display and removable battery option felt useful. It seemed like a value for money option for a regular city commuting. Happy with Ampere Magnus Neo for daily use. Range is close to 90km per charge and the rise is smooth at city speeds. Suspension manages small potholes well. Charging time is manageable and running cost is very low Yes, for someone shifting from petrol to electric this scooter is a safe option. It delivers steady performance and enough range for daily errands. It is simple to use and doesnt feel complicated. A practial EV for regular city commuting.
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          • A
            alok on Oct 31, 2025
            4.8
            no 1 Ev scooter in this segment must buy this product
            budget friendly one charge 75+ km range charging time 5 hrs 0-100% maintenance cost very low must buy this product. Ampere done great work. Launched more ev's to affordable prices.1 draw back in this ev no TFT no bluetooth. Best ev in this segment. Must buy this ev comfortable to all age groups sitting is also comfortable
            Read More
            1 2
          • J
            jitendra on Aug 02, 2025
            5.0
            Superb nice
            Amazing look and perfect for youth and old. this bike is very comfortable on road I am totally satisfied.. This bike is available in different colour variations what is very attractive very nice look perfect scooty best millage fast charging speed and superb range . Warranty claim is easy all parts available in market and service centre.. You should bought this bike.
            Read More
            2
          • D
            divya on Apr 25, 2025
            4.5
            Amazing perform
            Ampere magnus neo model is overall good ev vechicle .the vehicle features and specification are more comfortable for driving. Battery charging time is so comfortable. Maintance and service has been so adorable. And spare parts are easy to find out.i have been saving so much fuels since switching ev.
            Read More
            2
          • S
            sanket on Apr 11, 2025
            4.0
            You should consider buying it
            Ride slowly. The electric bike will allow a novice with poor bike handling skills to attain considerable speed. If your emergency maneuvering skills and attentiveness aren’t sharp, you can plow straight into a crash, at speed that can cause considerable injury. Happy sweat-free riding! Will consider
            Read More
            2
          • View All Ampere Magnus Neo 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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          *Ex-showroom price in Delhi
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