Where is the showroom?

Follow the link and select your desired city for dealership details.

As of now there is no official update from the brands end. So, we would request you to wait for official announcement.

What will be the lowest down payment for GoBike DMS?

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 GoBike DMS includes the RTO and insurance charges.

What will be the monthly EMI for GoBike DMS?

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 GoBike DMS 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. ₹1,50,826/- on an annual rate of interest of 10% for a tenure of 3 years then EMI = 150826 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,846/- 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 GoBike DMS?

The interest rate for GoBike DMS 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 GoBike DMS?

EMI for GoBike DMS 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.

Does GoBike DMS need a license?

Yes, it is required to have a driving license to drive GoBike DMS.

What is the battery capacity of GoBike DMS?

Battery Capacity of GoBike DMS is 1.56 Kwh.

What is the battery type of GoBike DMS?

GoBike DMS uses the best Lithium-ion battery.

GoBike DMS FAQs - DMS Questions and Answers

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Recently Asked User Questions about GoBike DMS

ishwar asked on 28 Jul 2023
Q.
Where is the showroom?
Bikedekho experts
on 28 Jul 2023
Follow the link and select your desired city for dealership details.
Read More
Helpful (0)
- 1 Answer
sanjaymandal asked on 8 Oct 2022
Q.
What is the range?
Bikedekho experts
on 9 Oct 2022
As of now there is no official update from the brands end. So, we would request you to wait for official announcement.
Read More
Helpful (0)
- 1 Answer

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