Question 1

How much time Hero Electric NYX will take to charge?

Accepted Answer

Hero Electric NYX will take total 4-5 Hr to charge from 0-100 percent.

Question 2

What is the range offered by Hero Electric NYX on a full charge?

Accepted Answer

Hero Electric NYX offers range of 100 km/charge.

Question 3

Does Hero Electric NYX need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Hero Electric NYX.

Question 4

What is the top speed of Hero Electric NYX?

Accepted Answer

Top speed of Hero Electric NYX is 42 km/Hr.

Question 5

What is the battery capacity of Hero Electric NYX?

Accepted Answer

Battery Capacity of Hero Electric NYX is  Kwh.

Question 6

What is the max speed of Hero Electric NYX?

Accepted Answer

The max speed of Hero Electric NYX is 42 km/Hr.

Question 7

What is the driving range of Hero Electric NYX?

Accepted Answer

The driving range of Hero Electric NYX is 100 km/charge.

Question 8

What is the battery type of Hero Electric NYX?

Accepted Answer

Hero Electric NYX uses the best Lithium-ion battery.

Question 9

What will be the lowest down payment for Hero Electric NYX?

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 Hero Electric NYX includes the RTO and insurance charges.

Question 10

What will be the monthly EMI for Hero Electric NYX?

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 Hero Electric NYX 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. ₹70,176/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 70176 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,255/-
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 11

What will be the interest rate for Hero Electric NYX?

Accepted Answer

The interest rate for Hero Electric NYX 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 12

What will be the EMI for 3 years tenure for Hero Electric NYX?

Accepted Answer

EMI for Hero Electric NYX 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.

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