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e-Sprinto scooters Finance
e-Sprinto Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| e-Sprinto LS | Rs. 2,303 |
| Sprinto HS | Rs. 2,598 |
| e-Sprinto Rapo | Rs. 1,911 |
| e-Sprinto Roamy | Rs. 1,682 |
e-Sprinto scooters Finance Schemes
FAQs for e-Sprinto Finance
Q) How is e-Sprinto scooter loan EMI calculated monthly?
A) e-Sprinto 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 e-Sprinto two wheeler loan?
A) To get your e-Sprinto 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 e-Sprinto Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the e-Sprinto 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 e-Sprinto scooter. Down payment is the difference between the on-road price of the e-Sprinto scooter and the amount funded by the lender.
Q) What will be the rate of interest on a e-Sprinto scooter finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the e-Sprinto two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
e-Sprinto Scooters Further Research
Popular e-Sprinto Two Wheelers
e-Sprinto LSRs 76,000 - 82,000*- e-Sprinto RoamyRs 54,999*
- e-Sprinto RapoRs 62,999*
- e-Sprinto Sprinto HSRs 86,000 - 97,000*