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Ampere Magnus EX EMI Calculator

Ampere Magnus EX EMI Calculator

Ampere Magnus EX EMI starts at Rs 2,275 per month for a tenure of 36 months @9.7 for a loan amount of Rs 70,923. 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 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD70,923Rs. 7,880Rs. 2,275
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Rs. 74,999*
EMI starts from ₹ 2,275
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Magnus EX

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.78,803
  • Total Loan AmountRs.70803
  • Payable AmountRs.81900
  • You’ll pay extraRs.11097
EMIper month
Rs2,275
Calculated on On Road Price in Delhi
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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. ₹70,803/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 70803 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,275/- 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

3.8/5
Based on88 User Reviews
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  • K
    karthik on Dec 09, 2024
    5.0
    Overall about vechile
    It 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 expected
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  • A
    akshansh on Dec 03, 2024
    4.2
    Best scooty
    Its Really good for an electric scooty it gave more than what company described...i will prefer this more as this was an amazing experience
    Was this review helpful?
  • S
    sanat on Oct 05, 2024
    5.0
    I went to Ampere showroom
    I went to Ampere showroom and took a test drive of Magnus EX. I really liked the speed and range. I also liked the behaviour of the dealer.
    Was this review helpful?
    2 5
  • M
    mukesh on Sep 25, 2024
    1.0
    Ampere electric vehicle is not good & money waste.
    Ampere electric vehicle money waste product.Ampere company services is very bad.dealer is bad behavior with customer in surat.so don't purchasing Ampere electric vehicle.
    Was this review helpful?
    5
  • V
    vinod on Sep 11, 2024
    2.3
    Not a value for money product
    Comfort is ok ,but build quality is not good and the worst part is aftersales services.... They don't anything timely and also charge too much for repair and spares are very costly and poor quality
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    Was this review helpful?
    6
  • View All Ampere Magnus EX 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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