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Avon E Scoot EMI Calculator

Avon E Scoot
6 reviews
Rs.45,000*
*Ex-showroom Price in delhi
View Finance Offers

Avon E Scoot EMI starts at Rs 1,436 per month for a tenure of 36 months @9.7 for a loan amount of Rs 44,726. 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 E Scoot. (Calculated on On Road Price in Delhi)

 

Avon E Scoot Down Payment and EMI

E Scoot VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD44,726Rs. 4,970Rs. 1,436
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Calculate your Loan EMI for E Scoot

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
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At BikeDekho, We can help you get the best deal on your loans.

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E Scoot EMI FAQs

  • FAQ

What will be the lowest down payment for Avon E Scoot?

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 Scoot includes the RTO and insurance charges.

What will be the monthly EMI for Avon E Scoot?

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 Scoot 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.

What will be the interest rate for Avon E Scoot?

The interest rate for Avon E Scoot 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.

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

EMI for Avon E Scoot 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.

Avon E Scoot User Reviews

4.3/5
Based on6 User Reviews
  • All (6)
  • Comfort (3)
  • Safety (2)
  • Mileage (2)
  • Seat (1)
  • Performance (1)
  • Space (1)
  • Color (1)
  • More ...
  • LATEST
  • MOST HELPFUL
  • for STD

    Overall Best Scooter

    Perfect for budget use, convenient, and best for daily usage within 60 km, especially for college or local students.

    By aman
    On: Oct 29, 2023 | 163 Views
    • 1 Like
    • 0 Dislikes
  • for STD

    Awesome Experience

    Very good scooter, I have a good experience with this scooter. All of you buy this scooter and make your life better.....Read More

    By keshav
    On: Oct 18, 2023 | 602 Views
    • Like
    • 0 Dislikes
  • It's A Very Comfortable

    It's very comfortable to drive with easy access, the speed is okay, it has good features, good mileage, and even a long.....Read More

    By mukesh jaiswal
    On: Aug 27, 2023 | 786 Views
    • Like
    • 0 Dislikes
  • for STD

    Impressive innovation of.....

    The Electric Scooty is a remarkable and impressive electric scooter that redefines urban mobility. Its sleek design,.....Read More

    By raju
    On: Jul 19, 2023 | 650 Views
    • Like
    • 0 Dislikes
  • Good Scooter

    Its mileage is under budget height clearance is comfortable nice colors sitting capacity is also good for two.....Read More

    By parveen kumar
    On: Apr 25, 2023 | 891 Views
    • 2 Likes
    • 3 Dislikes
  • View All Avon E Scoot 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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