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Motovolt Urbn e-Bike EMI Calculator

Motovolt Urbn e-Bike EMI Calculator

Rs. 45,649 - 51,649*
EMI starts from ₹ 1,409
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*Ex-showroom Price in delhi
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Motovolt Urbn e-Bike EMI starts at Rs 1,409 per month for a tenure of 36 months @9.7 for a loan amount of Rs 43,969. 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 Urbn e-Bike. (Calculated on On Road Price in Delhi)

 

Motovolt Urbn e-Bike Down Payment and EMI

Urbn e-Bike VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Smart Plus49,458Rs. 5,495Rs. 1,605
STD43,969Rs. 4,886Rs. 1,409

Calculate your Loan EMI for Urbn e-Bike

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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At BikeDekho, We can help you get the best deal on your loans.

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Urbn e-Bike EMI FAQs

  • FAQ

What will be the lowest down payment for Motovolt Urbn e-Bike?

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 Urbn e-Bike includes the RTO and insurance charges.

What will be the monthly EMI for Motovolt Urbn e-Bike?

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 Urbn e-Bike 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. ₹43,855/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 43855 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,409/-

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 Motovolt Urbn e-Bike?

The interest rate for Motovolt Urbn e-Bike 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 Motovolt Urbn e-Bike?

EMI for Motovolt Urbn e-Bike 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.

Motovolt Urbn e-Bike User Reviews

4.1/5
Based on9 User Reviews

    Popular Mentions

  • All (9)
  • Comfort (5)
  • Experience (3)
  • Mileage (3)
  • Maintenance (2)
  • Lights (1)
  • Looks (1)
  • Power (1)
  • More ...
  • Latest
  • Most Helpful
  • G
    g on Apr 28, 2024
    4.2

    Great Bike

    The Motovolt Urbn e-bike is a standout choice for urban commuters seeking efficiency and reliability. With its hassle-free maintenance, riders can spend more time enjoying the.....Read More

    • Like
    • Dislikes
  • A
    anil on Feb 12, 2024
    1.0

    Bad Experience

    Purchasing a Motovolt e-bike may result in a waste of money. The lithium-ion battery tends to work properly for only three months, after which it malfunctions. Complaints are met.....Read More

    • 3 Likes
    • 1 Dislikes
  • S
    suvendu on Jan 20, 2024
    4.7

    Overall A Nice Bike

    Overall, the bike is very good, comfortable, and easy to use. It feels like cycling, and I like this scooter.Read More

    • 1 Like
    • Dislikes
  • A
    ama on Jan 14, 2024
    4.8

    Fabulous Experience

    Thrilled with my Motovolt Urbn e-bike! this sleek and stylish ride has completely transformed my daily commute. The powerful electric motor provides a smooth and exhilarating.....Read More

    • Like
    • Dislikes
  • V
    vikas on Jan 03, 2024
    4.2

    Great Experience

    It's an awesome and comfortable bike for city riders. I recommend it to everybody seeking an amazing and steady bike.Read More

    • Like
    • Dislikes
  • View All Motovolt Urbn e-Bike 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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