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Ampere Magnus EX EMI Calculator
Ampere Magnus EX EMI starts at Rs 2,566 per month for a tenure of 36 months @9.7 for a loan amount of Rs 79,993. 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 EX. (Calculated on On Road Price in Delhi)
Ampere Magnus EX Down Payment and EMI
| Magnus EX Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 79,993 | Rs. 8,888 | Rs. 2,566 |
Shortlist
Rs.84,900*
EMI starts from ₹2,566
Calculate your Loan EMI for Magnus EX
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.2,566*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.79881
- Interest amountRs.12495
- Total Amount PayableRs.92376*
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Magnus EX EMI FAQs
Q) What will be the lowest down payment for Ampere Magnus EX?
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 EX includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ampere Magnus EX?
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 EX 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. ₹79,881/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 79881 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,566/-
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 EX?
A) The interest rate for Ampere Magnus EX 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 EX?
A) EMI for Ampere Magnus EX 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 EX User Reviews
Based on101 User Reviews
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Popular Mentions
- All (101)
- Comfort (30)
- Performance (23)
- Looks (20)
- Experience (19)
- Seat (18)
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- Good resonable price for this EV scooter compareNice bike as compared to other electric bike this bike available at good resonable Price it gives pleasure a lot only issue is that it takes long time for charging as facing some charging issue rather than bike is good but need to improvement in build quality as build quality is not good as price this will increased demand of bike definitelyRead More
- Don't think twice justt buy it cuz you will luv itThe Best Scooter Ever i have purchased... its definitely worth buying it...providing the best range and and the battery kwh also... with one charge i can go long for 100kms approx.. and even the after sales services are good... ive purchased black color which looks best and making a roar on the roads... i just loved it...Read More
- Very nice scooter in my familyVery nice scooter in my everyday life mileage comfortable Price for middle class family. Very must scooter in the world of beuty.charging optimization two mode of running switch low and high.very comfortable price in india. Ampere magnus EX pro scooter very good bike. For middle class family and Frist choice in AMPERE. Thank you 🥰Read More
- best EV scooterThe ride is smooth, the comfort level is okay, and the service is also fine, all about a perfect EV for a city ride and school, college, and office. I highly recommend considering an Ampere scooter for our daily commute. I have had a great experience with that, the scooter provide a smooth and quite ride.Read More
- Good scooterVery good performance of battery. Excellent driving experience Comfortable riding .Good average In this segment Budget scooter We r very Happy For buying this scooter . For city drive it's a perfect scooter . Ok for city ride . Please go for it. After purchase service is also good. Nice performance scooterRead More
- It's so affordable and stylishIt's so affordable and stylish looking and having this kind of vehicle in EV sector are quite astonishing. Overall the budget was quite decent and the stylish looks are cool , and coming to the performance it's very impressive and so good . Overall I can say it's was worth buying this vehicle at this budget and coming with this performance.Read More1
- better comfortThe ampere offers a seamless performance and good stability for maintaining good comfort, which is cost efficient even in the weather changes food for seniors as not a overspeed vehicle good stability, perfect suspension cost friendly low maintain good handling even for all guys, happy to have this.Read More
- This scooter of ampere isThis scooter of ampere is hands the best electric scooter that i have ever got bumped into , thats because it is made while keeping in mind that mostly it will be used by the middle class people , Furthermore, we know that in india there is a vast population who are middle class and they can only afford reasonable scooter that can provide them maximum comfort and that scooter can definitely by the ampere magnus scooterRead More
- review of this scooteroverall a good scooter just for travelling small distances it’s useless if you want to travel more than 5km because there is no comfort and speed. my brakes failed and it costed me around 700 hundred and running cost is dirt cheap i believe the price should be around 50k because the top speed is just 50kmphRead More1
- Overall about vechileIt is very good and perfect vechile to buy for college students u can trust and buy it's budget also good and specs also..look wise also vechile is good and sporty as upto our generation kids can easily like this type of vechile which is budget friendly and good looking and also from milage side also the vechile gives more u can expectedRead More
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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.
*Ex-showroom price in Delhi
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