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E-Went scooters Finance
E-Went Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| E-Went Rabbitor | Rs. 1,849 |
| E-Went Marium | Rs. 2,022 |
E-Went scooters Finance Schemes
FAQs for E-Went Finance
Q) How is E-Went scooter loan EMI calculated monthly?
A) E-Went 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-Went two wheeler loan?
A) To get your E-Went 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-Went Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the E-Went 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-Went scooter. Down payment is the difference between the on-road price of the E-Went scooter and the amount funded by the lender.
Q) What will be the rate of interest on a E-Went scooter finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the E-Went two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
E-Went Scooters Further Research
Popular E-Went Two Wheelers
E-Went RabbitorRs 60,100 - 83,000*- E-Went MariumRs 66,400 - 89,800*