Joy e-bike Mihos EMI Calculator
Joy e-bike Mihos EMI starts at Rs 3,323 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,02,986. 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 Mihos. (Calculated on On Road Price in Delhi)
Joy e-bike Mihos Down Payment and EMI
| Mihos Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| STD | 1,02,986 | Rs. 11,443 | Rs. 3,323 |
Calculate your Loan EMI for Mihos
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Beyond the Mainstream: Explore Uncharted Electric Vehicles
- Electric
Kinetic e-LunaRs77,583 - 83,126* - ElectricAmpere Magnus EXRs1.09 Lakh*
- ElectricBounce Infinity E1+Rs1.14 - 1.16 Lakh*
- Okaya FaastRs1.14 - 1.25 Lakh*
- ElectricLectrix EV LXS G 2.0Rs1.04 Lakh*
- ElectricBattRE Electric StorieRs99,160 - 1.14 Lakh*
- ElectricBGauss C12iRs1.17 - 1.44 Lakh*
- ElectricJoy e-bike WolfRs66,488 - 95,298*
- ElectricFujiyama SpectraRs54,830 - 80,836*
Joy e-bike Mihos Brochure
Download Brochure, Discover more!
Find EMI of Mihos Alternatives
Mihos EMI FAQs
- FAQ
What will be the lowest down payment for Joy e-bike Mihos?
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 Joy e-bike Mihos includes the RTO and insurance charges.
What will be the monthly EMI for Joy e-bike Mihos?
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 Joy e-bike Mihos 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. ₹1,03,429/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 103429 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,323/-
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 Joy e-bike Mihos?
The interest rate for Joy e-bike Mihos 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 Joy e-bike Mihos?
EMI for Joy e-bike Mihos 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.
Joy e-bike Mihos User Reviews
- All (3)
- Comfort (2)
- Price (1)
- Engine (1)
- Color (1)
- Experience (1)
- Power (1)
- Mileage (1)
- More ...
- LATEST
- MOST HELPFUL
Good Experience
I've had a good experience with it. It's enjoyable to drive, saves petrol and time. There's a good limit to drive, and.....Read More
- 1 Like
- Dislikes
Perfect Scooter
I am so happy to buy this scooty because its speed, average, and comfort are amazing, its engine is so powerful, and.....Read More
- 1 Like
- Dislikes
blind faith
It's fantastic! All the features are good, and it's comfortable for driving. The attractive colors make it stand out,.....Read More
- 1 Like
- Dislikes
- View All Joy e-bike Mihos Reviews
Best Electric Bikes
Top 10 Scooters in India
- Honda Activa 6GRs76,234 onwards*
- Suzuki Access 125Rs79,900 onwards*
- TVS NTORQ 125Rs84,636 onwards*
- Honda Activa 125Rs79,806 onwards*
- TVS JupiterRs73,340 onwards*
- ElectricOla S1 ProRs1.30 Lakh onwards*
- Honda DioRs70,211 onwards*
- ElectricTVS iQubeRs1.20 Lakh onwards*
- Yamaha Aerox 155Rs1.51 Lakh onwards*
- ElectricOla S1 XRs69,999 onwards*
Users Also Viewed
More Scooter Options to Consider
Trending Joy e-bike Scooters
- Gen Next NanuRs 58,000 - 88,250*
- WolfRs 63,000 - 91,350*
- GlobRs 58,000*
- Gen Next Nanu PlusRs 83,000*
- Wolf PlusRs 87,000*
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.