Ampere Electric scooters Finance

Q: How is Ampere Electric scooter loan EMI calculated monthly?

Ampere 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.

Q: Which documents I need to have to apply for a Ampere Electric two wheeler loan?

To get your Ampere 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.

Q: What will be the minimum down payment for a Ampere Electric Bike/Scooter loan?

The lenders generally finance 90% of the ex-showroom price of the Ampere 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 Ampere Electric scooter. Down payment is the difference between the on-road price of the Ampere Electric scooter and the amount funded by the lender.

Q: What will be the rate of interest on a Ampere Electric scooter finance?

The interest rate primarily depends on the principal amount and tenure of the loan amount of the Ampere Electric two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.

Are you interested in buying a new Ampere Electric scooters and not able to find right deal? Not sure if you are being charged the right interest |||rate for your Ampere Electric two wheeler loan? Check out the BikeDekho EMI calculator to find the best Ampere 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.

Ampere Electric Two Wheeler Loan EMI

MODEL	EMI (36 MONTHS)
Ampere Magnus EX	Rs. 3,156
Ampere NXG	Rs. 3,887
Ampere Primus	Rs. 4,375
Ampere Reo Li Plus	Rs. 2,136
Ampere Magnus LT	Rs. 2,828

Ampere Magnus EX
Rs.1.05 Lakh^*
EMI starts from Rs. 3,156
2.1 kW6-7 Hr
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Ampere NXG
Rs.1.35 - 1.55 Lakh^*
EMI starts from Rs. 3,887
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Ampere Primus
Rs.1.46 Lakh^*
EMI starts from Rs. 4,375
5 Hr
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Ampere Reo Li Plus
Rs.69,900^*
EMI starts from Rs. 2,136
250 W
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Ampere Magnus LT
Rs.93,900^*
EMI starts from Rs. 2,828
1.5 kW5-6 Hr
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Ampere Zeal EX
Rs.96,690^*
EMI starts from Rs. 2,920
1.8 kW5 Hr
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