Question 1

What will be the lowest down payment for GT Prime?

Accepted Answer

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the  and the amount funded by a lender. This means the minimum possible down payment that you have to pay for GT Prime includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for GT Prime?

Accepted Answer

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for GT Prime 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.
For Example:- If the principal amount for a bike loan is Rs. ₹54,814/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 54814 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,761/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

Question 3

What will be the interest rate for GT Prime?

Accepted Answer

The interest rate for GT Prime primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

Question 4

What will be the EMI for 3 years tenure for GT Prime?

Accepted Answer

EMI for GT Prime for 3 years tenure can be calculated as per 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, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Question 5

What is the exact Height of GT Prime?

Accepted Answer

The height of GT Prime is 1065 mm

Question 6

How much time GT Prime will take to charge?

Accepted Answer

GT Prime will take total 7-8 Hr to charge from 0-100 percent.

Question 7

What is the range offered by GT Prime on a full charge?

Accepted Answer

GT Prime offers range of 55-60 km/charge.

Question 8

Does GT Prime need a license?

Accepted Answer

Yes, it is required to have a driving license to drive GT Prime.

Question 9

What is the top speed of GT Prime?

Accepted Answer

Top speed of GT Prime is 25 km/Hr.

Question 10

What is the battery capacity of GT Prime?

Accepted Answer

Battery Capacity of GT Prime is  Kwh.

Question 11

What is the weight of GT Prime?

Accepted Answer

The weight of GT Prime is 85 kg.

Question 12

What is the Curb weight of GT Prime?

Accepted Answer

The curb weight of Primeis 85 kg.

Question 13

What is the max speed of GT Prime?

Accepted Answer

The max speed of GT Prime is 25 km/Hr.

Question 14

What is the driving range of GT Prime?

Accepted Answer

The driving range of GT Prime is 55-60 km/charge.

Question 15

What is the battery type of GT Prime?

Accepted Answer

GT Prime uses the best Lithium-ion battery.

Questions and Answers on GT Prime

Ask questions, share knowledge, and connect with fellow riders!

Frequently Asked Questions On GT Prime

EMI

Specifications

Users Also Viewed

Find FAQ of Prime Alternatives

Compare Variants of GT Prime

More Scooter Options to Consider

Further Research

Trending GT Force Scooters