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Jitendra EV scooters Finance
Jitendra EV Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| Jitendra Primo | Rs. 2,762 |
| Jitendra JMT 1000 | Rs. 2,009 |
| Jitendra Yunik | Rs. 3,719 |
Jitendra EV scooters Finance Schemes
FAQs for Jitendra EV Finance
Q) How is Jitendra EV scooter loan EMI calculated monthly?
A) Jitendra EV 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 Jitendra EV two wheeler loan?
A) To get your Jitendra EV 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 Jitendra EV Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the Jitendra EV 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 Jitendra EV scooter. Down payment is the difference between the on-road price of the Jitendra EV scooter and the amount funded by the lender.
Q) What will be the rate of interest on a Jitendra EV scooter finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the Jitendra EV two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Jitendra EV Scooter News & Reviews
Jitendra EV Scooters Further Research
Popular Jitendra EV Two Wheelers
Jitendra EV YunikRs 92,000 - 1.24 Lakh*- Jitendra EV PrimoRs 92,007*
- Jitendra EV JMT 1000Rs 65,997 - 1.24 Lakh*