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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* Onwards
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 on109 User Reviews
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Popular Mentions
- All (109)
- Comfort (37)
- Performance (26)
- Looks (24)
- Experience (23)
- Price (20)
- Seat (18)
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- EV Scooter for daily useI want a cost-effective electric scooter for everyday use and came across Ampere while researching online. After i saw the bike i was convinced to buy it, and i got the bike immediately and i was pretty satisfied. The quality of the ride has been good so far, i can get around 84 KM of range on Eco mode and scooter feels stable while riding. Braking is smooth the suspension handles speed breakers and bad roads well. Yes i would recommend it to people who travel frequently in city. It is comfortable and very easy to charge so yes definetly recommending it to my friends and family. We can save money shifting to EV SegmentRead More
- Value for moneyI was specifically looking for a electric scooter that is easy to maintain and comfortable for daily ride. After reading multiple reviews and visiting dealership ampere magnus ex was the one which stood out. The ride experience has been quite satisfying. I get a decent range on a single charge and the scooter feels smooth even on long rides, handling is easy in traffic and the suspension absorbs most road irregularity. Yes i would for sure recommend this bike to first time ev buyers people who want simple and practical scooter, it works well for daily travel and provides and comfortable and stress free riding experience.Read More
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- Comfortable and easy to rideI saw Ampere Scooters advertised online and decided to check them out at a near by showroom. After a test drive, I found the scooter comfortable and easy to ride. The overall look and feel suited my daily commuting needs. The scooter has been performing consistently well. The range is sufficient for daily city travel and the ride quality is smooth. It handles rough roads better than expected and the suspension helps reduce discomfort on uneven surfaces. Yes, I would recommend this scooter to people looking for an economical and reliable electric scooter it is suitable for city commuting and offers good comfort with low running costs. This is my best purchase so far.Read More
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- Good balance of comfort and RangeI wanted an electric scooter that is easy to ride, economical and suitable for daily commuting. After checking reviews online and visiting the dealership, ampere magnus ex seemed like a balanced option in terms of price, range and comfort, which made my decision easier. So far, the riding experience has been satisfying. The scooter delivers a good range on a full charge, and the ride feels smooth even on slightly rough roads. Handling is easy in traffic and the scooter feels comfortable. yes, i would recommend this bike to first-time ev buyers and people looking for a hassle free scooter. it is easy to maintain, comfortable to ride, and works well for regular city commuting needs. so yes i would recommend this scooter.Read More
- Smooth and comfortable daily ride.I came across one of Ampere's ads on Meta and it immediately caught my attention. After visiting the nearby showroom and taking a test ride, I felt confident about the purchase. The scooter looks stylish and feels perfect for daily city commuting. The ride experience has been very smooth. I usually get around 70-80 km range in daily usage. The scooter handles bad roads well and the suspension absorbs bumps nicely, making everyday rides comfortable. Yes, I would definitely recommend it to people looking for an affordable electric scooter for daily use. It's ideal for office commuters and city riders who want comfort, good range and low running cost.Read More
- 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 More1
- 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
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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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