Question 1

How much time Avon E Mate 306 will take to charge?

Accepted Answer

Avon E Mate 306 will take total 7-8 Hr to charge from 0-100 percent.

Question 2

What is the range offered by Avon E Mate 306 on a full charge?

Accepted Answer

Avon E Mate 306 offers range of 65 km/charge.

Question 3

Does Avon E Mate 306 need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Avon E Mate 306.

Question 4

What is the top speed of Avon E Mate 306?

Accepted Answer

Top speed of Avon E Mate 306 is 24 km/Hr.

Question 5

What is the battery capacity of Avon E Mate 306?

Accepted Answer

Battery Capacity of Avon E Mate 306 is 1.15 Kwh.

Question 6

What is the max speed of Avon E Mate 306?

Accepted Answer

The max speed of Avon E Mate 306 is 24 km/Hr.

Question 7

What is the driving range of Avon E Mate 306?

Accepted Answer

The driving range of Avon E Mate 306 is 65 km/charge.

Question 8

What is the battery type of Avon E Mate 306?

Accepted Answer

Avon E Mate 306 uses the best Lithium-ion battery.

Question 9

What will be the lowest down payment for Avon E Mate 306?

Accepted Answer

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 Avon E Mate 306 includes the RTO and insurance charges.

Question 10

What will be the monthly EMI for Avon E Mate 306?

Accepted Answer

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 Avon E Mate 306 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. ₹44,696/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 44696 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,436/-
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.

Question 11

What will be the interest rate for Avon E Mate 306?

Accepted Answer

The interest rate for Avon E Mate 306 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.

Question 12

What will be the EMI for 3 years tenure for Avon E Mate 306?

Accepted Answer

EMI for Avon E Mate 306 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.

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