Question 1

What will be the lowest down payment for Seeka Sting Ray?

BikeDekho Experts · 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 Seeka Sting Ray includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Seeka Sting Ray?

BikeDekho Experts · 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 Seeka Sting Ray 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. ₹98,680/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 98680 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,170/-
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 Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

The interest rate for Seeka Sting Ray 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 Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

EMI for Seeka Sting Ray 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 required tyre air pressure for Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

The recommended tyre air pressure for Seeka Sting Ray is 25 Psi.

Question 6

What is the Curb weight of Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

The curb weight of Sting Rayis 101 kg.

Question 7

What is the max speed of Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

The max speed of Seeka Sting Ray is 75 km/Hr.

Question 8

What is the driving range of Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

The driving range of Seeka Sting Ray is 70-90 km/charge.

Question 9

What is the battery type of Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

Seeka Sting Ray uses the best Lithium-ion battery.

Question 10

What are the Color options of Seeka Sting Ray?

BikeDekho Experts · Accepted Answer

Seeka Sting Ray comes with 3 color options - Christine Orange, Solid White, Phantom Grey.

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