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Atumobile Atum Version 1.0 EMI Calculator
Atumobile Atum Version 1.0 EMI starts at Rs 1,894 per month for a tenure of 36 months @9.7 for a loan amount of Rs 58,467. 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 Atum Version 1.0. (Calculated on On Road Price in Delhi)
Atumobile Atum Version 1.0 Down Payment and EMI
| Atum Version 1.0 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 58,467 | Rs. 6,496 | Rs. 1,894 |
Shortlist
Rs.61,500*
EMI starts from ₹1,894
Calculate your Loan EMI for Atum Version 1.0
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.64,963
- Total Loan AmountRs.58963
- Payable AmountRs.68184
- You’ll pay extraRs.9221
EMIper month
Rs1,894
Calculated on On Road Price inDelhi
At BikeDekho, We can help you get the best deal on your loans.
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Atum Version 1.0 EMI FAQs
Q) What will be the lowest down payment for Atumobile Atum Version 1.0?
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 Atumobile Atum Version 1.0 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Atumobile Atum Version 1.0?
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 Atumobile Atum Version 1.0 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. ₹58,963/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 58963 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,894/-
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 Atumobile Atum Version 1.0?
A) The interest rate for Atumobile Atum Version 1.0 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 Atumobile Atum Version 1.0?
A) EMI for Atumobile Atum Version 1.0 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.
Atumobile Atum Version 1.0 User Reviews
Based on14 User Reviews
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Popular Mentions
- All (14)
- Looks (5)
- Comfort (5)
- Mileage (3)
- Parts (3)
- Speed (3)
- Price (3)
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- Atum std version 1Since i look at to buy ev bike with stylish edition so i was found atum that look is awesome and nice to drive with comfort.thats what i want exactly look to buy.Then, delivery of the bike was good and overall rating of the bike in my point of view is 10 out of 7 but literally there are few things to improve.Read More
- Electric bike comfortIt's is a budget friendly bike with stylish looks and easy to drive highly recommend in electric segment bike the bike is very comfortable while driving and is very easy to handle it is very useful in the long distance travel it have a nice range of km where maintenance is very low and highly efficientRead More1
- Excellent electric bikePerfect electric Bike for short Distance travel , maintenance low, efficient electric bike, good customer care support, easy to ride, Good battery back up, power full, light weight, good milage, one of the good perfect electric Bike available in the country, and more over the price is very economicalRead More
- Atum can do much better by R&D1.Decrease in battery back up as it get older. 2.More workstation and service center needs to establish and road side assistance is the matter of concern. 2.Stylish look but it can be enhanced if handel part looked after. 3.Nice price range. 4. Warranty period of bike must be atleast 5 years. 5. Few free Services can be provided and charges can be reduced to enhance the custimer to recommend it to other family members.Read More
- Atumobile Atum ebike reviewBest ebike under 65k rupees I liked it very much I would suggest for everyone to buy it best bike under 65k rupees best build quality I good speed good milage everything is perfect good for City ride off-road overall value for money ebike satisfied with the quality of bike thank you for reading this reviewRead 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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