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Lectrix EV LXS G 2.0 EMI Calculator

Lectrix EV LXS G 2.0
18 reviews
Rs.87,999*
*Ex-showroom Price in delhi
View Finance Offers

Lectrix EV LXS G 2.0 EMI starts at Rs 2,668 per month for a tenure of 36 months @9.7 for a loan amount of Rs 82,831. 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 LXS G 2.0. (Calculated on On Road Price in Delhi)

 

Lectrix EV LXS G 2.0 Down Payment and EMI

LXS G 2.0 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD82,831Rs. 9,204Rs. 2,668
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Calculate your Loan EMI for LXS G 2.0

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
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Lectrix EV LXS G 2.0 Brochure

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*Ex-showroom Price in delhi

LXS G 2.0 EMI FAQs

  • FAQ

What will be the lowest down payment for Lectrix EV LXS G 2.0?

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 Lectrix EV LXS G 2.0 includes the RTO and insurance charges.

What will be the monthly EMI for Lectrix EV LXS G 2.0?

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 Lectrix EV LXS G 2.0 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. ₹83,035/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 83035 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,668/-

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 Lectrix EV LXS G 2.0?

The interest rate for Lectrix EV LXS G 2.0 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 Lectrix EV LXS G 2.0?

EMI for Lectrix EV LXS G 2.0 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.

Lectrix EV LXS G 2.0 User Reviews

4.0/5
Based on18 User Reviews
  • All (18)
  • Experience (7)
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  • Good Experience

    The electric scooter scene has been redefined with the Lectrix EV LXS G2.0. A peaceful journey is guaranteed thanks to.....Read More

    By prakarti
    On: Jan 02, 2024 | 274 Views
    • Like
    • Dislikes
  • Amazing Experience

    The Lectrix EV LXS G2.0 is reconsidering the request for electric scooters. An affable trip is assured with its.....Read More

    By gajendra
    On: Dec 20, 2023 | 174 Views
    • Like
    • Dislikes
  • Great Scooter

    Its braking system is very responsive and is a high-performance electric scooter with good driving experience. The look.....Read More

    By sukesh
    On: Dec 20, 2023 | 130 Views
    • Like
    • Dislikes
  • It gives smooth and silent.....

    The driving range of this electric scooter is around 65 to 80 km per charge and the top speed is around 55 kmph and is.....Read More

    By lokesh
    On: Dec 18, 2023 | 122 Views
    • Like
    • Dislikes
  • Is A Landmark

    The launch of Lectrix EV LXS G 2.0 is a landmark for electric vehicle lovers. It has a stylish and superior.....Read More

    By tanya khandelwal
    On: Dec 04, 2023 | 129 Views
    • Like
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  • View All Lectrix EV LXS G 2.0 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.

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