Question 1

What is the exact Height of Simple One?

Accepted Answer

The height of Simple One is 1163 mm

Question 2

What is the required tyre air pressure for Simple One?

Accepted Answer

The recommended tyre air pressure for Simple One is 30 PSI.

Question 3

How much time Simple One will take to charge?

Accepted Answer

Simple One will take total 1 Hr to charge from 0-100 percent.

Question 4

What is the range offered by Simple One on a full charge?

Accepted Answer

Simple One offers range of 212 km/charge.

Question 5

Does Simple One need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Simple One.

Question 6

What is the top speed of Simple One?

Accepted Answer

Top speed of Simple One is 105 km/Hr.

Question 7

What is the battery capacity of Simple One?

Accepted Answer

Battery Capacity of Simple One is 5 Kwh.

Question 8

What is the weight of Simple One?

Accepted Answer

The weight of Simple One is 134 kg.

Question 9

What is the Curb weight of Simple One?

Accepted Answer

The curb weight of Oneis 134 kg.

Question 10

What is the max speed of Simple One?

Accepted Answer

The max speed of Simple One is 105 km/Hr.

Question 11

What is the driving range of Simple One?

Accepted Answer

The driving range of Simple One is 212 km/charge.

Question 12

What is the battery type of Simple One?

Accepted Answer

Simple One uses the best Lithium-ion battery.

Question 13

What will be the lowest down payment for Simple One?

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 Simple One includes the RTO and insurance charges.

Question 14

What will be the monthly EMI for Simple One?

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 Simple One 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. ₹1,38,848/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 138848 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,461/-
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 15

What will be the interest rate for Simple One?

Accepted Answer

The interest rate for Simple One 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 16

What will be the EMI for 3 years tenure for Simple One?

Accepted Answer

EMI for Simple One 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.

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