- English
- Login / Register
Zelio scooters Finance
Zelio Two Wheeler Loan EMI
| MODEL | EMI (36 MONTHS) |
|---|---|
| Zelio Gracy i | Rs. 1,633 |
| Zelio Eeva | Rs. 1,593 |
| Zelio X Men 2.0 | Rs. 2,157 |
| Zelio Legender | Rs. 1,814 |
| Zelio Eeva ZX | Rs. 1,703 |
Zelio scooters Finance Schemes
FAQs for Zelio Finance
Q) How is Zelio scooter loan EMI calculated monthly?
A) Zelio 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 Zelio two wheeler loan?
A) To get your Zelio 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 Zelio Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the Zelio 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 Zelio scooter. Down payment is the difference between the on-road price of the Zelio scooter and the amount funded by the lender.
Q) What will be the rate of interest on a Zelio scooter finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the Zelio two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Zelio Scooter News & Reviews
Zelio Scooters Further Research
Popular Zelio Two Wheelers
Zelio GracyiRs 56,825 - 82,273*- Zelio EevaRs 54,575 - 57,475*
- Zelio X Men 2.0Rs 71,500 - 91,500*
- Zelio LegenderRs 59,048 - 60,476*
- Zelio Eeva ZxRs 59,000 - 62,000*