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TVS iQube EMI Calculator

TVS iQube
235 reviews
Rs.1.20 - 1.29 Lakh*
*Ex-showroom Price in delhi
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TVS iQube EMI starts at Rs 3,539 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,09,930. 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 Down Payment and EMI

iQube Electric VariantsLoan @ 9.7%. Down paymentEMI (36 months)
ST1,24,706Rs. 13,856Rs. 4,002
S1,18,845Rs. 13,205Rs. 3,825
STD1,09,930Rs. 12,215Rs. 3,539
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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
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At BikeDekho, We can help you get the best deal on your loans.

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iQube Electric EMI FAQs

  • FAQ

What will be the lowest down payment for TVS iQube?

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 includes the RTO and insurance charges.

What will be the monthly EMI for TVS iQube?

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 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. ₹1,10,145/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 110145 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,539/-

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?

The interest rate for TVS iQube 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?

EMI for TVS iQube 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 User Reviews

4.2/5
Based on235 User Reviews
  • All (235)
  • Comfort (69)
  • Performance (58)
  • Experience (49)
  • Speed (47)
  • Looks (45)
  • Price (36)
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  • TVS iQube is a good option.....

    The TVS iQube is a good option for eco-conscious riders looking for a comfortable and stylish electric two-wheeler for.....Read More

    By himani
    On: Apr 10, 2024 | 266 Views
    • Like
    • Dislikes
  • TVS iQube decent for daily.....

    The TVS iQube is decent for daily rides, around 75km in Eco mode (but lower in Sport mode). Talking about its classic.....Read More

    By buta singh
    On: Apr 08, 2024 | 302 Views
    • 2 Likes
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  • Great Experience

    I had a good experience with a fast approval for a two-wheeler loan. The process was smooth and efficient, thanks to.....Read More

    By satbir singh
    On: Apr 08, 2024 | 128 Views
    • Like
    • Dislikes
  • Smooth and silent

    The look of the TVS iQube is better than the other electric scooters, and it is a very expensive electric scooter. The.....Read More

    By hakim
    On: Apr 04, 2024 | 399 Views
    • Like
    • 1 Dislikes
  • for STD

    Good Experience

    The iQube stands out as one of the finest electric scooters in the market. Its design is impressive, and it offers.....Read More

    By paresh patel
    On: Apr 04, 2024 | 190 Views
    • Like
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  • View All TVS iQube Reviews

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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.

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