AMO Electric scooters Finance
Are you interested in buying a new AMO Electric scooters and not able to find right deal? Not sure if you are being charged the right interest rate |||for your AMO Electric two wheeler loan? Check out the BikeDekho EMI calculator to find the best AMO Electric finance scheme by choosing the model that you wish to buy or calculate loan interest rate and equated monthly instalments (EMI) by entering the amount of bike loan that you wish to take.
AMO Electric Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
AMO Electric Jaunty-3W | Rs. 2,518 |
AMO Electric Jaunty | Rs. 1,910 |
AMO Electric Brisk | Rs. 1,997 |
AMO Electric Jaunty Pro | Rs. 2,344 |
AMO Electric Inspirer | Rs. 1,648 |
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AMO Electric scooters Finance Schemes
*Ex-showroom price Delhi
AMO Electric Two Wheelers by Price
FAQs for AMO Electric Finance
How is AMO Electric scooter loan EMI calculated monthly?
AMO Electric scooter loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI 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.
Which documents I need to have to apply for a AMO Electric two wheeler loan?
To get your AMO Electric scooter loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
What will be the minimum down payment for a AMO Electric Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the AMO Electric two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the AMO Electric scooter. Down payment is the difference between the on-road price of the AMO Electric scooter and the amount funded by the lender.
What will be the rate of interest on a AMO Electric scooter finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the AMO Electric two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
AMO Electric Scooter News & Reviews
- Recent News
Amo Electric Jaunty Plus Electric Scooter Launched At Rs 1,10,460
Hero Photon and the Okinawa i-Praise gets a new rivalAmo Electric Bikes, a Noida-based electric...
Feb 8, 2022 | By Team Bikedekho
AMO Electric Scooters Further Research
Popular AMO Electric Two Wheelers
AMO Electric Jaunty-3W
Rs.78,819*
AMO Electric Jaunty
Rs.62,964 - 90,064*
AMO Electric Brisk
Rs.65,625*
AMO Electric Jaunty Pro
Rs.77,228*
AMO Electric Jaunty Plus
Rs.1.08 Lakh*