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GoBike E-Smart EMI Calculator
GoBike E-Smart EMI starts at Rs 2,166 per month for a tenure of 36 months @9.7 for a loan amount of Rs 67,869. 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-Smart. (Calculated on On Road Price in Delhi)
GoBike E-Smart Down Payment and EMI
| E-Smart Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Lithium Ion - 35 Ah | 97,383 | Rs. 10,820 | Rs. 3,123 |
| Lithium Ion - 30 Ah | 90,505 | Rs. 10,056 | Rs. 2,909 |
| Lithium Ion - 25 Ah | 84,065 | Rs. 9,341 | Rs. 2,712 |
| Lithium Ion - 20 Ah | 78,131 | Rs. 8,681 | Rs. 2,500 |
| Lithium Ion - 15 Ah | 69,952 | Rs. 7,773 | Rs. 2,240 |
| Lead Acid | 67,869 | Rs. 7,541 | Rs. 2,166 |
Shortlist
Rs.71,780 - 1.04 Lakh*
EMI starts from ₹2,166
Calculate your Loan EMI for E-Smart
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.2,166*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.67410
- Interest amountRs.10566
- Total Amount PayableRs.77976*
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Find EMI of E-Smart Alternatives
E-Smart EMI FAQs
Q) What will be the lowest down payment for GoBike E-Smart?
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 GoBike E-Smart includes the RTO and insurance charges.
Q) What will be the monthly EMI for GoBike E-Smart?
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 GoBike E-Smart 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. ₹67,410/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 67410 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,166/-
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 GoBike E-Smart?
A) The interest rate for GoBike E-Smart 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 GoBike E-Smart?
A) EMI for GoBike E-Smart 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.
GoBike E-Smart User Reviews
Based on2 User Reviews
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Popular Mentions
- All (2)
- Comfort (1)
- Tyres (1)
- Safety (1)
- Suspension (1)
- Latest
- GoBike E Smart is reliable EVGoBike E Smart is reliable and offers lots of comfort for both short and long rides. It comes with waterproof BLDC hub motor along with hydraulic suspension, both of which contribute significantly to give it a good ride. Then there is the digital speedometer and a USB charging slot that makes life a little easier. This electric scooter has disc brakes and tubeless tyres, making the safety features it offers pretty impressive. It requires about 4-5 hours charging time and is ready to be driven every day.Read More
- claimed 100km but in general 65Range not more than 70km by its meter.. And if you calculate with your normal petrol vehical its 56 km .. its shown 20% extra .. you drove 8 km it shown 10 in e smart
- View All GoBike E-Smart 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.
*Ex-showroom price in Delhi
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