Question 1

What will be the lowest down payment for Rowwet Vegatron?

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 Rowwet Vegatron includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Rowwet Vegatron?

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 Rowwet Vegatron 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. ₹1,16,697/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 116697 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,749/-
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 Rowwet Vegatron?

Accepted Answer

The interest rate for Rowwet Vegatron 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 Rowwet Vegatron?

Accepted Answer

EMI for Rowwet Vegatron 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

How much time Rowwet Vegatron will take to charge?

Accepted Answer

Rowwet Vegatron will take total 3 Hr to charge from 0-100 percent.

Question 6

Does Rowwet Vegatron need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Rowwet Vegatron.

Question 7

What is the top speed of Rowwet Vegatron?

Accepted Answer

Top speed of Rowwet Vegatron is 65 km/Hr.

Question 8

What is the battery capacity of Rowwet Vegatron?

Accepted Answer

Battery Capacity of Rowwet Vegatron is 2.02 Kwh.

Question 9

When will the Rowwet Vegatron launch?

Accepted Answer

The Rowwet Vegatron was launched on Aug, 2022

Question 10

What is the expected price of the Rowwet Vegatron in India?

Accepted Answer

The Rowwet Vegatron has already been launched and the price starts from Rs 1.25 Lakh (ex-showroom Delhi).

Question 11

What is the max speed of Rowwet Vegatron?

Accepted Answer

The max speed of Rowwet Vegatron is 65 km/Hr.

Question 12

What is the battery type of Rowwet Vegatron?

Accepted Answer

Rowwet Vegatron uses the best Lithium-ion battery.

Question 13

What are the Color options of Rowwet Vegatron?

Accepted Answer

Rowwet Vegatron comes with 2 color options - Red and White, Yellow.

Questions and Answers on Rowwet Vegatron

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