Question 1

What will be the lowest down payment for Motovolt Kivo 24?

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 Motovolt Kivo 24 includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Motovolt Kivo 24?

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 Motovolt Kivo 24 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. ₹27,919/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 27919 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 897/-
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 3

What will be the interest rate for Motovolt Kivo 24?

Accepted Answer

The interest rate for Motovolt Kivo 24 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 4

What will be the EMI for 3 years tenure for Motovolt Kivo 24?

Accepted Answer

EMI for Motovolt Kivo 24 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.

Question 5

What is the exact Height of Motovolt Kivo 24?

Accepted Answer

The height of Motovolt Kivo 24 is 1010 mm

Question 6

What is the required tyre air pressure for Motovolt Kivo 24?

Accepted Answer

The recommended tyre air pressure for Motovolt Kivo 24 is 30 psi.

Question 7

How much time Motovolt Kivo 24 will take to charge?

Accepted Answer

Motovolt Kivo 24 will take total 3-4 Hr to charge from 0-100 percent.

Question 8

What is the range offered by Motovolt Kivo 24 on a full charge?

Accepted Answer

Motovolt Kivo 24 offers range of 45 km/charge.

Question 9

Does Motovolt Kivo 24 need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Motovolt Kivo 24.

Question 10

What is the top speed of Motovolt Kivo 24?

Accepted Answer

Top speed of Motovolt Kivo 24 is 25 km/Hr.

Question 11

What is the battery capacity of Motovolt Kivo 24?

Accepted Answer

Battery Capacity of Motovolt Kivo 24 is 0.21 Kwh.

Question 12

What is the weight of Motovolt Kivo 24?

Accepted Answer

The weight of Motovolt Kivo 24 is 23 kg.

Question 13

What is the Curb weight of Motovolt Kivo 24?

Accepted Answer

The curb weight of Kivo 24is 23 kg.

Question 14

What is the max speed of Motovolt Kivo 24?

Accepted Answer

The max speed of Motovolt Kivo 24 is 25 km/Hr.

Question 15

What is the driving range of Motovolt Kivo 24?

Accepted Answer

The driving range of Motovolt Kivo 24 is 45 km/charge.

Question 16

What is the battery type of Motovolt Kivo 24?

Accepted Answer

Motovolt Kivo 24 uses the best Lithium-ion battery.

Questions and Answers on Motovolt Kivo 24

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