Calculate your Loan EMI for Zeal EX
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
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Zeal EX EMI FAQs
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 Zeal EX includes the RTO and insurance charges.
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 Zeal 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. ₹81,703/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 81703 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,625/-
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.
The interest rate for Ampere Zeal 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.
EMI for Ampere Zeal 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 Zeal EX User Reviews
- All (45)
- Comfort (14)
- Performance (14)
- Experience (14)
- Looks (13)
- Speed (13)
- Price (9)
- Seat (6)
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- Comfortable and IdealThe Bike is not only very good mileage, it charges fairly quickly. The suspension and wheels are in perfect condition along with the seat comfort.Was this review helpful?YesNo
- Great ExperienceI like how my Ampere Zeal EX adroitly blends mileage and comfort. With enough legroom, ample controls, and an ultrapractical under-seat storehouse, every trip is pleasurable. It's.....Read MoreWas this review helpful?YesNo
- Embrace The Zeal Ampere Zeal EXThe primary defense for my enthusiasm is this model's capacity to understand electric emphasis. My opinion on the Ampere Zeal EX'seco-friendly design and electric features is.....Read MoreWas this review helpful?YesNo
- Amazing ExperienceThis lightweight electric scooter comes with a portable battery that can be changed anywhere and its loading capacity is good but the feature list of this scooter is less. it.....Read MoreWas this review helpful?YesNo
- It is a very decent electric scooterIt is a very decent electric scooter with the very affordable pricing and decent driving range and the design of this scooter is very good. The features are very good and get low.....Read MoreWas this review helpful?YesNo
- View All Ampere Zeal EX Reviews
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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.