Hero Electric Nyx EMI Calculator

Hero Electric Nyx
4 reviews
Rs. 63,990 - 79,990*
*Ex-showroom Price in delhi
Get Loan starting @ 9.7%

Hero Electric Nyx EMI starts at Rs 2,080 per month for a tenure of 36 months @9.7 for a loan amount of Rs 57,591. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your NYX. (Calculated on On Road Price in Delhi)

 

Hero Electric Nyx Down Payment and EMI

NYX VariantsLoan @ 9.7%. Down paymentEMI (36 months)
LI57,591Rs. 6,399Rs. 2,080
LI ER0Rs. 0Rs.
HS500 ER71,991Rs. 7,999Rs. 2,582

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Calculate your Loan EMI for NYX

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of NYX Alternatives

*Ex-showroom Price in delhi

Questions And Answers

  • FAQ

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

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.

What will be the monthly EMI for Hero Electric Nyx?

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. ₹57,990/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 57990 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs /-

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.

What will be the interest rate for Hero Electric Nyx?

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.

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

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.

Hero Electric Nyx User Reviews

2.0/5
Based on4 User Reviews
  • All (4)
  • Service (1)
  • Speed (1)
  • LATEST
  • MOST HELPFUL
  • Very Cheap Build Quality

    Very cheap build quality. Meter reading is not perfect. It shows 70% battery but you can travel 5km hardly.

    By vishnu
    On: Feb 06, 2021 | 89 Views
  • Very poor service.

    Waste bike, big Flop, many electrical issues. In 6 months of purchase used it for only 2 months. Very poor service.

    By saddham abdul
    On: Nov 21, 2020 | 196 Views
  • Useless as cycle

    It has very less speed........Almost It has speed Of cycle.....

    By ahmed zafar
    On: Apr 04, 2019 | 488 Views
  • Green and environment friendly

    Eco friendly and best for environment. Everyone should use a e bike

    By anonymous
    On: Mar 12, 2019 | 636 Views
  • View All Hero Electric Nyx Reviews

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NYX Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month

Disclaimer :

Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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