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    Bajaj Chetak EMI Calculator

    Bajaj Chetak EMI Calculator

    Bajaj Chetak EMI starts at Rs 3,337 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,04,297. 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)
    30011,04,297Rs. 11,589Rs. 3,337
    35031,10,186Rs. 12,243Rs. 3,548
    35021,21,285Rs. 13,476Rs. 3,912
    35011,33,967Rs. 14,885Rs. 4,300
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    Shortlist
    Rs.1,07,400* Onwards
    EMI starts from ₹3,337
    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.3,337*
          Rate of interest @ 9.7%* for 36 Months
          • Loan amountRs.103886
          • Interest amountRs.16246
          • Total Amount PayableRs.120132*
          • 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. ₹1,03,886/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 103886 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,337/- 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 on138 User Reviews
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          Popular Mentions
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          • Comfort (63)
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          • Most Helpful
          • R
            ronaldo on Mar 03, 2026
            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
            1
          • S
            saurabh on Feb 25, 2026
            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
            2 1
          • D
            dev on Feb 08, 2026
            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
            2 2
          • J
            jay on Feb 06, 2026
            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.
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            1 4
          • S
            saivallabh on Jan 07, 2026
            5.0
            Chetak the ultimate scooter
            I took this bike for my daughter she is short chetak is light weight among all other ev scooters it's cheaper and have many features like reverse and etc it had good reviews and has best customer service among all other Till now the rides are comfortable I use it in city only not too far it's easy to ride on comfortable space for 2 people it's leg space is too small I can't keep anything just my booth legs nothing else but overall the rides are good Yes I mean I would recommend this for someone willing to buy a ev cause it's the best among the other ev bikes I like it's customers service especially and the other thing is I never faced any issues with this scooter till now and it's electric soo yes
            Read More
            4 3
          • A
            anvesh on Jan 01, 2026
            5.0
            Best Scooter in the Market
            Needed a trusted brand not like we are not getting any benefit, has less maintenance. From the many year chetak and Bajaj has been a most favourite and house hold brand for me. My father owned the chetak as well he is a fan of that and I am also a fan of this chetak as well. The never ever forgettable experience still most comfortable and smooth ride. With a great battery and range. Got in every types of road like hills, Bad roads. Got some highway rides too long ride more than 150 kms and had no issues with any of the parts. Yes, 100% because it's the best all of the above in the market many brands has launched EV vehicles but Chetak has made a unbreakable trust in the market than others. Must go to the showrooms and experience the Electric vehicle King by your self you won't regret investing the money in the best.
            Read More
            1 1
          • A
            ashish on Dec 22, 2025
            5.0
            You have to buy this bike or not
            This scooter is value for money. I drive this bike and the others brand are not durable so I choose this scooter by any other and it look is pretty good and legendary design so I have purchased the chetak and I love it. Ride experience of this bike was pretty good and the comfort is like a heaven. Positive thing is amazing quality of this bike and I love to ride Long drives, mileage is amazing of this vehicle so I bought this. If you are the driving person in your family so you have to buy this bike and if you ride roughly or simply so you should buy this one. I suggest to everyone that buy this vehicle and you all loved it and there is no reason to not have this.
            Read More
            4
          • M
            mahavir on Dec 11, 2025
            3.7
            Chetak e bought in Nov 2022
            No need to go to a petrol pump. Good look, Smooth and no pollution. And something new to try. The colour was very good. The range for local use was also very amazing initially about 110 kms now down to 85. Fine but If you forget to charge due to some reason being out of station, you had to take to showroom through tow vehicle and paid money for each trip so all the money saved on petrol gone. Don't rely on it. It's good for short journey within 15 to 20 kms only. Not for beginners and specially ladies, no roadside help available and if you manage to go to a service centre you won't get back before 2 weeks. It's heavy so pulling it down is impossible . The range is good overall.
            Read More
            3
          • S
            sandeep on Nov 13, 2025
            5.0
            Reliable and Fuel Efficient
            Chose this scooter to save on petrol and get a quiet ride. The range and home charging made it easy for daily office trips. Wanted to avoid fuel stops and save money. The design and features looked practical for daily runs. This super smart scooter is a very smooth ride, and handles well in city traffic. The battery lasts well and charging is simple. Rides quietly, feels stable, and brakes well. Range matches daily needs. Good for anyone wanting low-cost and easy commuting. This sccoter is best for all women that are use it for city travel and short trips. Ideal for daily city rides with zero fuel cost and low maintenance.
            Read More
            1 3
          • S
            shaan on Nov 13, 2025
            4.8
            Old Charm with a New Electric Feel
            I chose the Chetak because I liked its old look and new electric style. It reminded me of my uncle old Bajaj. I wanted a scooter that is quiet and saves petrol. It looked clean and nice. I felt it was perfect for my short rides to work and market. It looked simple and smart. My ride has been soft and easy. It starts fast and runs silent. It feels strong and smooth. I like how easy it is to charge. The seat is soft and it moves nice on city roads. It gives me the same comfort as old scooters but without smoke. I really like how peaceful it rides. Yes I will tell others to buy this scooter. It saves the fuel and rides quiet. It looks old style but works like a new scooter. It is very good for city rides and office travel. It is clean, safe and feels very nice to ride.
            Read More
            3
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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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          *Ex-showroom price in Delhi
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