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Srivaru Prana 2.0 EMI Calculator
Srivaru Prana 2.0 EMI starts at Rs 7,575 per month for a tenure of 36 months @6 for a loan amount of Rs 2,49,293. 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 Prana 2.0. (Calculated on On Road Price in Delhi)
Srivaru Prana 2.0 Down Payment and EMI
| Prana 2.0 Variants | Loan @ 6%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Grand | 2,49,293 | Rs. 27,699 | Rs. 7,575 |
| Elite | 3,08,803 | Rs. 34,311 | Rs. 9,404 |
Shortlist
Rs.2,55,150* Onwards
EMI starts from ₹7,575
Calculate your Loan EMI for Prana 2.0
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.7,575*
Rate of interest @ 6%* for 36 Months
- Loan amountRs.248992
- Interest amountRs.23708
- Total Amount PayableRs.272700*
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Prana 2.0 EMI FAQs
Q) What will be the lowest down payment for Srivaru Prana 2.0?
A) 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 Srivaru Prana 2.0 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Srivaru Prana 2.0?
A) 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 Srivaru Prana 2.0 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. ₹2,48,992/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 248992 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 7,575/-
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.
Q) What will be the interest rate for Srivaru Prana 2.0?
A) The interest rate for Srivaru Prana 2.0 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.
Q) What will be the EMI for 3 years tenure for Srivaru Prana 2.0?
A) EMI for Srivaru Prana 2.0 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.
Srivaru Prana 2.0 User Reviews
Based on9 User Reviews
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- This bike is awsome justThis bike is awsome just some mileage issues but the comfort , body type , safety is next level worth of money and great experience, and great emei options with full staff support and features are just next level I would highly recommend this bike if you are searching for features,looks,safety,comfort Go for itRead More
- Bike dekhoBest stylish, better economy. The first and sporty bike. The bike designed very excellent. The bike is very sporty look. The bike is very cheap price. Very better than other ev. The natural and hot figure and feature. Mast feature. Damdar mileage. The sporty design made. Sign figure very beautiful. Thank you.Read More1
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- Performance and stylish bikeI fill Srivaru Motors Prana have very good bike at this time in India. I believe this bike is stylish for younger generations. And much better performance comparative to other bike.Read More
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- Safest Vehicle In IndiaIt's one of the safest vehicles in India. The bike is so cool, and it provides a better riding experience on highways.
- Value For Money VehiclePrana Electric bike is the perfect combination of power and style. Sleek design and superior performance, good range, and wow riding experience with safety. Worth the value.1
- Great BikeThe handling of the vehicle is pretty good and the looks are also amazing, the range is decent and the performance is nice. The pick-up power is great and speed is also fantastic for an EV.Read More5 3
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Srivaru Prana 2.0 Brochure
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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.
*Ex-showroom price in Delhi
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