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    Bajaj Chetak EMI Calculator

    Bajaj Chetak EMI Calculator

    Bajaj Chetak EMI starts at Rs 3,586 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,11,271. 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 Chetak. (Calculated on On Road Price in Delhi)

     

    Bajaj Chetak Down Payment and EMI

    Chetak VariantsLoan @9.7%. Down paymentEMI (36 months)
    C35011,45,896Rs. 16,211Rs. 4,694
    C35021,34,741Rs. 14,971Rs. 4,328
    C35031,20,311Rs. 13,368Rs. 3,877
    C30011,11,271Rs. 12,364Rs. 3,586
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    Shortlist
    Rs.1,19,270* onwards
    EMI starts from ₹3,586
    View Finance Offers

    Calculate your Loan EMI for Chetak

          Down PaymentRs.
          0Rs.0
          Bank Interest Rate %
          6%26%
          Loan Period (Months)
          Your monthly EMI
          Rs.3,586*
          Rate of interest@ 9.7%* for 36 Months
          • Loan amountRs.111635
          • Interest amountRs.17461
          • Total Amount PayableRs.129096*
          • Get EMI offers

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          Chetak EMI FAQs

          Q) What will be the lowest down payment for Bajaj Chetak?
          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 Bajaj Chetak includes the RTO and insurance charges.
          Q) What will be the monthly EMI for Bajaj Chetak?
          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 Bajaj Chetak 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. ₹1,11,635/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 111635 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,586/- 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 Bajaj Chetak?
          A) The interest rate for Bajaj Chetak 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 Bajaj Chetak?
          A) EMI for Bajaj Chetak 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.

          Bajaj Chetak User Reviews

          4.6/5
          Based on144 User Reviews
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          Popular Mentions
          • All (144)
          • Comfort (65)
          • Looks (59)
          • Experience (39)
          • Speed (27)
          • Performance (26)
          • Service (24)
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          • Latest
          • Most Helpful
          • S
            sandeep on
            3.8
            Hamara bajaj is now hamara chetakev
            I had purchased it when ev was new in market, I am very much satisfied. I had drove it for more than 50000 kms with no expense. I had to change only tyres and regular service only one auxiliary battery of Rs. 800 had been changed. I am quiet impressed me and my son both have purchased but there is very less front space between handle and seat to carry extra luggage vegetables or ration need to improve in this area good service staff in patni and Nagpur. I will recommend everyone to go for this ev only. Positive, Very good for local commute, I had recovered all the money spend for purchase, me and my son had not spend a single penny for petrol, very pleasant ride for city and highway also but with limitation of distance. mid age person college boys with huge space in seat box for helmet and laptop girls working women also it's value for money, I had already 2 chetak with me and both vehicle had been run for 50000 and 23000 kms planning to purchase one more for my wife.
            Read More
            9 10
          • H
            hardik on
            4.0
            Super scooter for regular use
            Good performance and smooth ride, super scooter for regular use and love cost maintenance only 25 rs km at the time petrol cost is hight so buy ev scooter and save environment and money for middle class family, students and employees, like delivery boy and marketing job, I have super experience from bajaj chetak.
            Read More
            14 14
          • V
            vedant on
            5.0
            About chetak it's osum scooty
            I choose this bike because, I heard from someone electric bike is more value for money, first I thought there will not so much difference then I search, I saw it so value for money and I adviced to buy a chetak. My ride was so far because this EV is the most value for money fuel, first I was using a bike of 160 cc it's average for me was very less in 1 litre petrol it goes nearly 25 to 27 km but, I have taken EV so no need to go for petrol thanks. Yes because it's mileage is very good, I like this bike personally we should don't waste money on petrol because EV is the most value for money fuel from my side advice is we should not use petrol diesel thanks my review after taking chetak was so best.
            Read More
            7 10
          • A
            alok on
            5.0
            Value for Money EV Vehicle
            I chose this bike because it looks premium and offers smooth riding experience with strong performance. The mileage and battery backup are very good for daily city travel. Bajaj is also a trusted brand so, maintenance and reliability were important reasons for choosing this scooter. The ride quality is very smooth and comfortable for daily city travel. Pickup is good and battery performance is also impressive. The scooter feels stable even on rough roads and braking system works well. Overall riding experience is excellent till now. Yes definitely I would recommend this scooter for daily use. It is best for city riding with good mileage low maintenance and smooth performance. Anyone looking for a reliable electric scooter can go for Bajaj Chetak.
            Read More
            12 11
          • S
            shadab on
            3.2
            This is completely best bike
            Iski solid metal body hai jo baaki plastic scooters se isko alag aur majboot banati hai. Iska retro design bahut hi premium aur stylish lagta hai jo logo ko turant pasand aa jata hai. Bajaj ek bharosemand brand hai isliye iski after sales service aur durability par pura vishwas kiya ja sakta hai. City rides ke liye iski ride quality aur suspension top notch hai Smooth acceleration reverse mode aur daily commute ke hisaab se ek achhi real world range ise kaafi practical banati hai. . Isme aapko ek smooth aur silent riding experience milta hai jo city traffic me daily commute ke liye best hai. Iski battery range bhi kaafi practical hai jisse aap bina kisi tension ke apne din bhar ke kaam nipta sakte hain.
            Read More
            21 16
          • P
            praful on
            5.0
            Best electric scooter for daily use
            Classic design aur electric hone ki wajah se liya. running cost bahut low hai, city use ke liye perfect aur Bajaj ka trust bhi milta hai. Maine Bajaj chetak isliye li kyuki iska classic look aur electric technology dono pasand aaye. Ride smooth aur comfortable hai, city me handling easy hai. pickup decent hai, noise bilkul nahi. Highways pe thoda limited feel hota hai but overall experience acha hai abhi tak ride kaafi smooth aur silent rahi hai. City me handling easy hai aur comfort bhi acha hai. Pickup decent hai, lekin highways par speed thodi limited lagti hai. Overall experience satisfying hai. Daily city commute ke liye best hai. Jo log fuel cost bachana chahte hain unke liye perfect choice. Long highway riders ke liye average hai. Haan, main recommend karunga un logon ko jo daily city use ke liye ek low maintenance aur cost-effective scooter chahte hain. Lekin long rides ya highways ke liye ye utna suitable nahi hai.
            Read More
            14 6
          • R
            ronaldo on
            5.0
            Chetak 3501 Hills review After 3 months
            It is the only EV scooter which has direct drive motor, which ensures smooth power delivery prevents Power loss. Battery is placed in foot area by which the user gets huge boot space, App connectivity which provides Geo fencing, Remote immobilization, Real time monitoring, Over speeding alert and also Speed lock. Suspension could have been improved, since it only features single-sided leading link suspension in the front and an offset mono-shock at the rear It feels rough especially in hilly potholes and unexpected bumps, Center stand often messes with the edges of the roads in hills I recommend Chetak for its torque in hills especially when compared to IQube and Ather both feature Belt drive system which requires more maintenance in Hills. In a Slope Belt drive system is very laggy while a still start situation it is crucial. Chetak offers a smooth power delivery in hills.
            Read More
            12 20
          • S
            saurabh on
            5.0
            Best Scooter
            Cost effective scooter which will definitely save money, the scooter has some real high technology which will surely bring you to the ride as a gen z mood. One should definitely buy this for short distance travel. Smooth ride as I was driving the scooter for last 9 months on the busy city road in the traffic but it never make me feels heavy, the joy was really at its best and now i really think that buying the ev was a good decision. It will save money from unnecessary Gedi Marna in the city as you do not have to buy the petrol for you scooter any more, just full the scooter on charge for 5 6 hours and you will get a joyful ride for next one week.
            Read More
            7 6
          • D
            dev on
            4.3
            Best family ev scooters
            Good mileage best for city riders, the seat is very comfortable. Best family ev scooty and it has best build quality, you should buy it if you have family. It can give good mileage you can visit your showroom. Negative is that have less feature like cruise control and the overall vehicle is good. The top speed is 70km/hr is good for scooty, it give 105 km range in eco mode it is too good for me, good ride safety. For family person and city riders you should buy if you have family concern you never regret because it has good service and the service centers are too good in our area. I have 3503 model it give 105 km mileage in eco mode it is too good for me.
            Read More
            7 6
          • J
            jay on
            4.3
            Bajaj Chetak: Style Meets Electric Power” • “Is Bajaj Chetak Worth Buying
            Classic retro design with metal body feels premium and robust — looks great compared with plastic scooters. On a full charge, many riders get enough range for daily city rides (~80–120 km) which is competitive for urban commuting. Most users find it smooth and comfortable for city traffic and regular use.
            Read More
            5 5
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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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