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Hop Oxo EMI Calculator
Hop Oxo EMI starts at Rs 4,265 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,32,990. 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 Oxo. (Calculated on On Road Price in Delhi)
Hop Oxo Down Payment and EMI
| Oxo Variants | Loan @9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Prime | 1,25,239 | Rs. 13,916 | Rs. 4,021 |
| X | 1,50,430 | Rs. 16,715 | Rs. 4,824 |
| STD | 1,32,990 | Rs. 14,777 | Rs. 4,265 |
Shortlist
Rs.1,27,922* onwards
EMI starts from ₹4,021
Calculate your Loan EMI for Oxo
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period (Months)
Your monthly EMI
Rs.4,021*
Rate of interest@ 9.7%* for 36 Months
- Loan amountRs.125155
- Interest amountRs.19601
- Total Amount PayableRs.144756*
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Oxo EMI FAQs
Q) What will be the lowest down payment for Hop Oxo?
A) 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 Hop Oxo includes the RTO and insurance charges.
Q) What will be the monthly EMI for Hop Oxo?
A) 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 Hop Oxo 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. ₹1,32,767/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 132767 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,021/-
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.
Q) What will be the interest rate for Hop Oxo?
A) The interest rate for Hop Oxo 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.
Q) What will be the EMI for 3 years tenure for Hop Oxo?
A) EMI for Hop Oxo 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.
Hop Oxo User Reviews
Based on28 User Reviews
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Popular Mentions
- All (28)
- Looks (10)
- Speed (9)
- Performance (9)
- Price (7)
- Power (5)
- Mileage (5)
- More...
- Latest
- HOP OXO X reviewI ride this bike over 1-5 years I experience it give me best experience 150 km exact on eco mode as well as all given ride mode best experiance ever.. Well power feel when riding… it has best music system inside it…Read More3 1
- BEST EV BikeThis is the best electric bike in India with a range of 140 km in single charge and have 3 riding modes .
- Best PerformanceOXO leads electric mobility with stellar performance and eco-friendly design. With speeds up to 88 km/h and ranges of 140km in Eco mode, it's the best electric bike in India for a thrilling, green journey.Read More2
- Cheap And Environmentally Friendly BikeOnline, I noticed the Hop Oxo, an attractive electric two-wheeler. With prices ranging from Rs. 1.61 to Rs. 1.83 Lakh, it provides a tempting choice for electric mobility. It offers options for riders to fit their style with 2 variations and 4 colors to pick from. The 70 kilometers that the Oxo can go on a single charge makes it ideal for short to medium journeys. The Hop Oxo is a good option to think about if you're searching for a cheap and environmentally friendly journey. You should consider it if you are in the market.Read More1
- Hop Oxo Has High Level ElementsThe Hop OXO Electric Bike exemplifies the eventual fate of portability with its inventive plan and high-level elements. With its electric engine and enduring battery, this bike offers a helpful and eco-accommodating method of transportation. The bicycle's shrewd innovation and instinctive controls improve your riding experience. The Hope OXO's smart style and viable highlights settle on it as a dependable decision for metropolitan driving. Embrace the eventual fate of versatility and partake in the advantages of economical transportation with this extraordinary electric bike.Read More2
- Stunning LookThe Hop Oxo bike has a stunning look. It boasts an excellent range, strong performance, and excellent mileage. It has three riding modes—normal power, sport, and an excellent braking system. However, customer service does not return calls or emails, and it appears that they are unaware of the goods, manufacturing process, and precise state of the products.Read More1
- Great Battery BackupThe Hop offers a battery guarantee of three years. An IP67-rated 5-inch display is included with the Hop OXO. Additionally, it has a 4G connection, multi-mode regenerative braking, and a partner smartphone app that enables features like speed control, fencing, an anti-theft system, ride data, and more. The Hop offers a battery guarantee of three years/50,000 kilometres for the base model and four years/unlimited kilometres for the OXO X. The Hop Nuron-connected technology is likewise provided for the latter.Read More
- Per hour with an extra Turbo modeThe electric motor of the HOP OXO generates 200 Nm of peak torque and 6.2 kW (8.3 bhp) of power while operating on a 72-volt design. Eco, Power, and Sport are the three riding modes available for the powertrain. The OXO X model goes from 0 to 40 kilometres per hour in under 4 seconds and has a peak speed of 90 kilometres per hour with an extra Turbo mode.Read More1
- Good electric bikeI was waiting for an electric bike to launch and then came Hop OXO and I was happy when it launched. The looks are very cute and aesthetic and also it is available in two variants at the starting price range of 1lacs. I also like the amazing torque it produces of 200Nm. It is a very good-looking bike.Read More1 1
- Well-balancedExcellent bike with first-rate speed, mileage, and performance. After a test ride, I am completely delighted with the bike. In comparison to other e-bikes, Oxo offers excellent features at a reasonable price. It also has an incredible mix of high top speed and great range, and the bike's attractive & athletic appearance helps it stand out in traffic. Bike is generally well-balanced.Read More
- View All Hop Oxo Reviews
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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.
*Ex-showroom price in Delhi
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