Question 1

What will be the lowest down payment for Thunderbolt Electra?

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 Thunderbolt Electra includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Thunderbolt Electra?

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 Thunderbolt Electra 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. ₹75,763/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 75763 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,434/-
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 Thunderbolt Electra?

Accepted Answer

The interest rate for Thunderbolt Electra 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 Thunderbolt Electra?

Accepted Answer

EMI for Thunderbolt Electra 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 exact Height of Thunderbolt Electra?

Accepted Answer

The height of Thunderbolt Electra is 1140 mm

Question 6

How much time Thunderbolt Electra will take to charge?

Accepted Answer

Thunderbolt Electra will take total 4-5 Hr to charge from 0-100 percent.

Question 7

What is the range offered by Thunderbolt Electra on a full charge?

Accepted Answer

Thunderbolt Electra offers range of 110-120 km/charge.

Question 8

Does Thunderbolt Electra need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Thunderbolt Electra.

Question 9

What is the top speed of Thunderbolt Electra?

Accepted Answer

Top speed of Thunderbolt Electra is 55 km/Hr.

Question 10

What is the battery capacity of Thunderbolt Electra?

Accepted Answer

Battery Capacity of Thunderbolt Electra is  Kwh.

Question 11

What is the max speed of Thunderbolt Electra?

Accepted Answer

The max speed of Thunderbolt Electra is 55 km/Hr.

Question 12

What is the driving range of Thunderbolt Electra?

Accepted Answer

The driving range of Thunderbolt Electra is 110-120 km/charge.

Question 13

What is the battery type of Thunderbolt Electra?

Accepted Answer

Thunderbolt Electra uses the best Lithium-ion battery.

Question 14

What are the Color options of Thunderbolt Electra?

Accepted Answer

Thunderbolt Electra comes with 4 color options - Red, Grey, White, Cyan.

Question 15

When will the Thunderbolt Electra launch?

Accepted Answer

The Thunderbolt Electra was launched on Mar, 2023

Question 16

What is the expected price of the Thunderbolt Electra in India?

Accepted Answer

The Thunderbolt Electra has already been launched and the price starts from Rs 79,999 (ex-showroom Delhi).

Questions and Answers on Thunderbolt Electra

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