• English

# Lectrix EV scooters Finance

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

## Lectrix EV Two Wheeler Loan EMI

MODELEMI (36 MONTHS)
Lectrix EV LXS 3.0Rs. 2,924
Lectrix EV LXS G 2.0Rs. 3,028
Lectrix EV LXSRs. 2,747
Lectrix EV SX25Rs. 1,682
Lectrix LXS 2.0Rs. 2,565

## Lectrix EV scooters Finance Schemes

• ### Lectrix EV LXS 3.0

Newly Launched
Rs.96,990*
EMI starts from Rs. 2,924
1.2 kW3.5 Hr
• ### Lectrix EV LXS G 2.0

Rs.99,999*
EMI starts from Rs. 3,028
1.8 kW3 Hr
• ### Lectrix EV LXS

Rs.91,399*
EMI starts from Rs. 2,747
1.9 kW2.5-3 Hr
• ### Lectrix EV SX25

Rs.54,999 - 67,999*
EMI starts from Rs. 1,682
250 W7-8 Hr
• ### Lectrix LXS 2.0

Rs.84,999*
EMI starts from Rs. 2,565
1.2 kW3 Hr
• ### Lectrix EV LXS 2.0 Subscription

Rs.49,999*
EMI starts from Rs. 1,551
1.2 kW5-6 Hr

## FAQs for Lectrix EV Finance

### How is Lectrix EV scooter loan EMI calculated monthly?

Lectrix 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.

### Which documents I need to have to apply for a Lectrix EV two wheeler loan?

To get your Lectrix 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.

### What will be the minimum down payment for a Lectrix EV Bike/Scooter loan?

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

### What will be the rate of interest on a Lectrix EV scooter finance?

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

## Popular Lectrix EV Two Wheelers

*Ex-showroom price in Delhi
×