Gemopai scooters Finance

Q: How is Gemopai scooter loan EMI calculated monthly?

Gemopai 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 Gemopai two wheeler loan?

To get your Gemopai 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 Gemopai Bike/Scooter loan?

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

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

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

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

Gemopai Two Wheeler Loan EMI

MODEL	EMI (36 MONTHS)
Gemopai Miso	Rs. 1,355
Gemopai Ryder	Rs. 2,167
Gemopai Astrid Lite	Rs. 2,777
Gemopai Ryder SuperMax	Rs. 2,438

Gemopai Miso
Rs.44,000^*
EMI starts from Rs. 1,355
250 W3-4 Hr
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Gemopai Ryder
Rs.70,850 - 84,302^*
EMI starts from Rs. 2,167
250 W
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Gemopai Astrid Lite
Rs.92,322 - 1.11 Lakh^*
EMI starts from Rs. 2,777
2.4 kW
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Gemopai Ryder SuperMax
Rs.79,999^*
EMI starts from Rs. 2,438
2.7 kW5-6 Hr
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