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Warivo Motors Nexa EMI Calculator
Warivo Motors Nexa EMI starts at Rs 1,790 per month for a tenure of 36 months @9.7 for a loan amount of Rs 55,540. 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 Nexa. (Calculated on On Road Price in Delhi)
Warivo Motors Nexa Down Payment and EMI
| Nexa Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| SX | 70,174 | Rs. 7,797 | Rs. 2,248 |
| DS | 55,540 | Rs. 6,171 | Rs. 1,790 |
| EX | 58,741 | Rs. 6,527 | Rs. 1,872 |
| STD | 61,942 | Rs. 6,883 | Rs. 1,986 |
Shortlist
Rs.58,300* Onwards
EMI starts from ₹1,790
Calculate your Loan EMI for Nexa
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.1,790*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.55711
- Interest amountRs.8729
- Total Amount PayableRs.64440*
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Nexa EMI FAQs
Q) What will be the lowest down payment for Warivo Motors Nexa?
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 Warivo Motors Nexa includes the RTO and insurance charges.
Q) What will be the monthly EMI for Warivo Motors Nexa?
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 Warivo Motors Nexa 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. ₹55,711/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 55711 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,790/-
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 Warivo Motors Nexa?
A) The interest rate for Warivo Motors Nexa 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 Warivo Motors Nexa?
A) EMI for Warivo Motors Nexa 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.
Warivo Motors Nexa User Reviews
Based on8 User Reviews
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Popular Mentions
- All (8)
- Speed (2)
- Safety (2)
- Performance (1)
- Space (1)
- Maintenance (1)
- Price (1)
- More...
- Latest
- E SCOOTER WARIVOThis scooter is very cheap and very comfortable to ride.this company provides a lot of features in their base model also. It is very stylish and dashing looking.It is very less in money for middle class family.As this price is no that much as compare to other e scooter companies so this is best brand in the marketRead More3
- MaintenanceI have experienced with this bike is good but need to upgrade in mileage and safety power consumption they have to include some safety measures and features in battery and system upgrade in overall balance of the bike maintenance is not that much better from the company so then it to be more battery stations to charge I need more service centres they have to cure best serviceRead More
- Worth buyingThis is grate scooter with in cost of 55000 and having very smooth ride with great safety features. Its top speed is 25km per charge and good for senior citizon and children's less than 18 years. Intrument cluster and speedometer give nice feeling and one spot information at one place. Usb Charging is also addtional feature.Read More
- Here's a 20-word description forHere's a 20-word description for the Warivo Nexa electric scooter: "Warivo Nexa: Sleek, eco-friendly e-scooter with 25km/h top speed, 50km range, and advanced braking, perfect for urban commutes."Read More1 1
- It's good for the middleIt's good for the middle class family because it's in under 60000 a middle class family income are same so it's very good.1
- Rating of warivoIt's good when you keep caring of the vehicle and almost you drive safely by this e scooty as we know that e scooties are safe
- Best PerformanceThe performance is mind-blowing, coupled with smooth battery operation and impressive aesthetics. The handling is exceptionally smooth, and the brakes are remarkably effective.1
- I face a major problemI face a major problem With charging the company claims 50 km per charge but the scooter discharges only 25 to 30 km so this is the major problem, the boot space is also much less compared to other electric scooters, and no USB charging portal for mobile charging, I feel bad and scooter charge is very slow.Read More2 1
- View All Warivo Motors Nexa 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.
*Ex-showroom price in Delhi
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