TVS iQube Electric EMI Calculator

TVS iQube Electric
45 reviews
Rs.1 Lakh*
*Ex-showroom Price in delhi
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TVS iQube Electric EMI starts at Rs 3,255 per month for a tenure of 36 months @9.7 for a loan amount of Rs 90,699. 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 iQube Electric. (Calculated on On Road Price in Delhi)

 

TVS iQube Electric Down Payment and EMI

iQube Electric VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD90,699Rs. 10,078Rs. 3,255
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Calculate your Loan EMI for iQube Electric

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of iQube Electric Alternatives

*Ex-showroom Price in delhi

iQube Electric EMI FAQs

  • FAQ

What will be the lowest down payment for TVS iQube Electric?

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 TVS iQube Electric includes the RTO and insurance charges.

What will be the monthly EMI for TVS iQube Electric?

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 TVS iQube Electric 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. ₹90,777/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 90777 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs /-

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.

What will be the interest rate for TVS iQube Electric?

The interest rate for TVS iQube Electric 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.

What will be the EMI for 3 years tenure for TVS iQube Electric?

EMI for TVS iQube Electric 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.

TVS iQube Electric User Reviews

4.2/5
Based on45 User Reviews
  • All (45)
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  • Bluetooth (6)
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  • Very good vehicle

    Very good vehicle. I am the first batch delivered person. My vehicle now crosses 4500 km. In November rain time, I am.....Read More

    By sankar arumugam
    On: Dec 05, 2021 | 332 Views
  • Tvs Iqube waste piece

    Tvs Iqube is totally a dumb piece, first off all the motor is concealed in the rear rim, any kind of bearing issue you.....Read More

    By prasanna kumar
    On: Oct 14, 2021 | 6735 Views
  • AFTER 4 MONTHS I GIVING

    The bike automatically gets stop while riding and it is jerking more while starting. Please don't buy this bike.

    By rreddy kumar
    On: Sep 29, 2021 | 392 Views
  • By dazzling sam
    On: Jul 29, 2021 | 2421 Views
  • worst response from service.....

    I bought it 4 months back, this bike giving a good performance, To save petrol I have gone for this bike, but got.....Read More

    By somashekar
    On: Jul 19, 2021 | 13676 Views
  • View All TVS iQube Electric Reviews

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iQube Electric Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month
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.

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