- English
- Login / Register
Bajaj Chetak EMI Calculator
Bajaj Chetak EMI starts at Rs 4,000 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,24,664. 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 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 3503 | 0 | Rs. 0 | Rs. |
| 3502 | 1,24,664 | Rs. 13,852 | Rs. 4,000 |
| 3501 | 1,36,328 | Rs. 15,148 | Rs. 4,384 |
Shortlist
Rs. 1.20 - 1.32 Lakh*
EMI starts from ₹ 4,000
Calculate your Loan EMI for Chetak
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.1,38,516
- Total Loan AmountRs.124516
- Payable AmountRs.144000
- You’ll pay extraRs.19484
EMIper month
Rs4,000
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
Beyond the Mainstream: Explore Uncharted Electric Vehicles
- Electric
Ampere Magnus EXRs78,803* - ElectricKinetic Green E LunaRs94,525 - 97,264*
- ElectricBgauss C12i MaxRs1.04 - 1.35 Lakh*
- ElectricBounce Infinity E.1Rs64,221 - 1.30 Lakh*
- ElectricLectrix EV LXS G 2.0Rs1.04 Lakh*
- ElectricBattre electric mobility storieRs99,160 - 1.20 Lakh*
- Okaya FaastRs1.13 - 1.24 Lakh*
- ElectricFujiyama SpectraRs54,830 - 80,836*
- ElectricJoy e wolfRs78,682 - 87,828*
Find EMI of Chetak Alternatives
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. ₹1,24,516/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 124516 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,000/-
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
Based on21 User Reviews
Write a Review & Win ₹1000
Popular Mentions
- All (21)
- Comfort (15)
- Price (12)
- Looks (12)
- Performance (11)
- Speed (10)
- Service (9)
- More ...
- Latest
- Most Helpful
- Worst PurchaseThe Worst Scooter I’ve Ever Purchased – Bajaj Chetak is a Disaster! After 4 months of owning the Bajaj Chetak and spending almost a month in the workshop for endless issues, I can confidently say—this is the worst scooter I’ve ever bought. Despite being a loyal Bajaj fan with a Pulsar and two Avengers in my garage, the Chetak has completely shattered my trust in the brand. Pathetic Sales Experience If you think walking into Khivraj Bajaj to buy a Chetak means you’ll get treated like a customer—think again. The sales team is absolutely useless. They don’t care about selling the scooter, let alone assisting customers. You’ll have to beg them to take your money and do the paperwork. It’s as if they’re doing you a favor by selling their own product! Service? More Like a Nightmare! If you think the bad experience ends after purchase, the real torture begins with service. Every time you take the scooter in for repairs, they act like they’ll fix it, but in reality, they do NOTHING.Read More
- It looks quite better than olaIt looks quite better than ola .look of 3501 is awesome .range is also quite good .so it would be a worth it . There is a best quality in this varient the charger is already fitted in the scooter that would be very convenient. Price is also good in this range .so overall it seems that buying it a good dealRead More
- BestscooterBest in class looking so good also it's future ultimate and range was best in this price .future is latest generation but u can improve 200 plus km range .compare to other vehicle it's best in this range also boot space is very good and scooter body is very strong riding feeling is comfort realty it's nice .Read More
- It's nice and fantasticOver all the body and structure was good and the metal body was so safe and durable the scooter was fully waterproof and easy to write easy to use and it was on my budget it's not to expensive like Ola and feel great after purchasing this this was my great investment and also petrol cost decreases I love ChetakRead More
- BAJAJ CHETAK ELECTRIC SCOOTER LOSSES OF MONEYDon't buy bajaj chethak electric I was using vehicle since 3.2 years Very much problems One buy one problem getting Only less driven vehicle. They was charging very much amount for the services please don't buy so you will loss money They are asking 20 k plus money to servicing cost It's humble request don't buy this product Thank youRead More1
- View All Bajaj Chetak Reviews
Best Electric Bikes
Bajaj Chetak News
Top 10 Scooters in India
- Suzuki Access 125Rs81,700 onwards*
- ElectricHonda Activa eRs1.17 Lakh onwards*
- TVS JupiterRs74,691 onwards*
- Honda Activa 6GRs78,684 onwards*
- TVS NTORQ 125Rs86,841 onwards*
- TVS Jupiter 125Rs79,540 onwards*
- Honda Activa 125Rs95,140 onwards*
- ElectricTVS iQubeRs1.07 Lakh onwards*
- ElectricHero Electric OptimaRs83,300 onwards*
- ElectricBajaj ChetakRs1.20 Lakh onwards*
Chetak Price in India
Users Also Viewed
More Scooter Options to Consider
Bajaj Chetak Brochure
Download brochure for detailed information of specs, features & prices.
Trending Bajaj Scooters
- Bajaj Chetak [2020 - 2024]Rs 99,998 - 1.20 Lakh*
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
×
We need your city to customize your experience