TVS Scooty Pep Plus EMI Calculator

TVS Scooty Pep Plus
213 reviews
Rs. 54,374 - 56,224*
*Ex-showroom Price in delhi
Get Loan starting @ 9.7%

TVS Scooty Pep Plus EMI starts at Rs 1,907 per month for a tenure of 36 months @9.7 for a loan amount of Rs 53,266. 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 Scooty Pep Plus. (Calculated on On Road Price in Delhi)

 

TVS Scooty Pep Plus Down Payment and EMI

Scooty Pep Plus VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Glossy53,266Rs. 5,919Rs. 1,907
Matte Edition58,708Rs. 6,523Rs. 2,088

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Calculate your Loan EMI for Scooty Pep Plus

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 Scooty Pep Plus Alternatives

*Ex-showroom Price in delhi

Questions And Answers

  • FAQ

What will be the lowest down payment for TVS Scooty Pep Plus?

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 Scooty Pep Plus includes the RTO and insurance charges.

What will be the monthly EMI for TVS Scooty Pep Plus?

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 Scooty Pep Plus 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. ₹53,185/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 53185 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,907/-

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 Scooty Pep Plus?

The interest rate for TVS Scooty Pep Plus 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 Scooty Pep Plus?

EMI for TVS Scooty Pep Plus 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 Scooty Pep Plus User Reviews

4.4/5
Based on213 User Reviews
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  • TVs scooty Pep Plus is nice.

    TVs scooty pep plus is awesome, wonderful, and comfortable. It's easy to handle. Mat feature is nice. Happy for the.....Read More

    By govardhan vanamala
    On: Dec 29, 2020 | 673 Views
  • Lightweight Scooter And Easy.....

    It's very good and an excellent scooty anyone can buy, it is very lightweight, even the mileage is good. The options of.....Read More

    By syed fiaz hussain
    On: Dec 21, 2020 | 898 Views
  • Ladies special scooty.

    Ladies' special scooty and scooty is so lightweight it is best for learning. Amazing scooty.

    By pokala premkumar
    On: Nov 25, 2020 | 220 Views
  • Best Scooty To Begin With.

    The Scooty pep plus is the great scooty to for the new learners, and comes with amazing colours, really loving it.

    By rahul agerchand dhoka
    On: Nov 21, 2020 | 143 Views
  • Smoother than your.....

    One can search for a better option here for a two-wheeler, I got better information here. TVS Scooty Pep Plus is.....Read More

    By ravi byadagi
    On: Nov 19, 2020 | 991 Views
  • View All TVS Scooty Pep Plus Reviews

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Scooty Pep Plus Running Cost

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

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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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