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# Lectrix EV LXS EMI Calculator

Lectrix EV LXS EMI starts at Rs 2,747 per month for a tenure of 36 months @9.7 for a loan amount of Rs 85,946. 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. (Calculated on On Road Price in Delhi)

## Lectrix EV LXS Down Payment and EMI

LXS VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD85,946Rs. 9,550Rs. 2,747
Rs. 91,399*
EMI starts from ₹ 2,747
*Ex-showroom Price in Delhi
Shortlist

## Calculate your Loan EMI for LXS

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
• Total Loan AmountRs.0
• Payable AmountRs.0
• You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi

## LXS EMI FAQs

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

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 includes the RTO and insurance charges.

What will be the monthly EMI for Lectrix EV LXS?

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 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. ₹85,496/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 85496 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,747/-

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?

The interest rate for Lectrix EV LXS 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?

EMI for Lectrix EV LXS 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 User Reviews

4.4/5
Based on9 User Reviews
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• Latest
• A
ankit on Jan 02, 2024
4.0
Good Experience

I am now cruising the municipality in the safety of my Lectrix EV LXS. Its ample legroom, discreet handling, and useful under-seat storage make any trip easy. On my daily commute,.....Read More

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• R
rahul on Dec 20, 2023
4.7
Awesome Experience

I now ride in the megacity with the Lectrix EV LXS as my secure accompaniment. Its comfortable commands, the plenitude of legroom, and the ultrapractical under-seat storehouse.....Read More

YesNo
• L
lova on Dec 20, 2023
4.5
Nice Electric Scooter

It is the most stylish and reliable electric scooter with a good feature list and performance. It is a very affordable electric scooter and I think is a very good option. It has a.....Read More

YesNo
• R
riddhima on Dec 18, 2023
4.0
It is the more stylish electric scooter

It is the more stylish electric scooter with the sporty nature and is a affordable electric scooter. The driving range is around 80 to 105 km per charge which is good and the top.....Read More

YesNo
• R
riddhima on Dec 18, 2023
4.5
It is the more stylish electric scooter

It is the more stylish electric scooter with the sporty nature and is a affordable electric scooter. The driving range is around 80 to 105 km per charge which is good and the top.....Read More

YesNo
• View All Lectrix EV LXS Reviews

## More Scooter Options to Consider

Lectrix EV LXS Brochure