Question 1

What is the exact Height of iVOOMi Eco?

Accepted Answer

The height of iVOOMi Eco is 1300 mm

Question 2

How much time iVOOMi Eco will take to charge?

Accepted Answer

iVOOMi Eco will take total 4 Hr to charge from 0-100 percent.

Question 3

What is the range offered by iVOOMi Eco on a full charge?

Accepted Answer

iVOOMi Eco offers range of 80 km/charge.

Question 4

Does iVOOMi Eco need a license?

Accepted Answer

Yes, it is required to have a driving license to drive iVOOMi Eco.

Question 5

What is the top speed of iVOOMi Eco?

Accepted Answer

Top speed of iVOOMi Eco is 25 km/Hr.

Question 6

What is the battery capacity of iVOOMi Eco?

Accepted Answer

Battery Capacity of iVOOMi Eco is 1.5 Kwh.

Question 7

What is the weight of iVOOMi Eco?

Accepted Answer

The weight of iVOOMi Eco is 60 kg.

Question 8

What is the Curb weight of iVOOMi Eco?

Accepted Answer

The curb weight of Ecois 60 kg.

Question 9

What is the max speed of iVOOMi Eco?

Accepted Answer

The max speed of iVOOMi Eco is 25 km/Hr.

Question 10

What is the driving range of iVOOMi Eco?

Accepted Answer

The driving range of iVOOMi Eco is 80 km/charge.

Question 11

What is the battery type of iVOOMi Eco?

Accepted Answer

iVOOMi Eco uses the best Lithium-ion battery.

Question 12

What will be the lowest down payment for iVOOMi Eco?

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 iVOOMi Eco includes the RTO and insurance charges.

Question 13

What will be the monthly EMI for iVOOMi Eco?

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 iVOOMi Eco 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. ₹76,795/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 76795 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,467/-
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 14

What will be the interest rate for iVOOMi Eco?

Accepted Answer

The interest rate for iVOOMi Eco 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 15

What will be the EMI for 3 years tenure for iVOOMi Eco?

Accepted Answer

EMI for iVOOMi Eco 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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