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# EMotorad X2 EMI Calculator

Rs. 27,999*
EMI starts from ₹ 897
*Ex-showroom Price in delhi
Shortlist

EMotorad X2 EMI starts at Rs 897 per month for a tenure of 36 months @9.7 for a loan amount of Rs 27,827. 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 X2. (Calculated on On Road Price in Delhi)

## EMotorad X2 Down Payment and EMI

X2 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD27,827Rs. 3,092Rs. 897

## Calculate your Loan EMI for X2

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
• Total Loan AmountRs.0
• Payable AmountRs.0
• You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi

## Beyond the Mainstream: Explore Uncharted Electric Vehicles

*Ex-showroom Price New Delhi

## Find EMI of X2 Alternatives

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## X2 EMI FAQs

• FAQ

### What will be the lowest down payment for EMotorad X2?

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 EMotorad X2 includes the RTO and insurance charges.

### What will be the monthly EMI for EMotorad X2?

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 EMotorad X2 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. ₹27,919/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 27919 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 897/-

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 EMotorad X2?

The interest rate for EMotorad X2 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 EMotorad X2?

EMI for EMotorad X2 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.

## EMotorad X2 User Reviews

4.0/5
Based on1 User Reviews

### Popular Mentions

• All (1)
• Mileage (1)
• Comfort (1)
• Latest
• P
priya on Dec 07, 2023
4.0

Very attractive, with excellent mileage and exceptional comfort. Emotorad is paving the way for the future and stands out as an outstanding company in the e-cycle industry.Read More

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