Techo Electra Neo EMI Calculator

Techo Electra Neo EMI starts at ₹2,835 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹31,919. If you are Looking for a Techo Electra Neo EMI calculator, try BikeJunction’s bike EMI calculator. Our bike EMI calculator gives you a complete break-up of the total monthly EMI payable for Techo Electra Neo. You just have to enter the down payment, preferred interest rate and the time period for the loan of Techo Electra Neo. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for Techo Electra Neo after reducing the down payment amount.

Calculate Loan EMI

Techo Electra Neo

Techo Electra

Edit

Neo Standard

₹801EMI For 5 years
Loan amount :₹37,727

Down Payment

₹ 0

₹ 31439

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmountInterestBalance
6₹37,727₹1,105₹38,832
12₹37,727₹2,065₹39,792
24₹37,727₹4,033₹41,760
36₹37,727₹6,085₹43,812
48₹37,727₹8,161₹45,888
60₹37,727₹10,333₹48,060

 Disclaimer: The calculation performed by EMI Calculator is based on the information you entered and is for illustrative purposes only. This calculation reflects amounts in Indian Rupee rounded to the nearest whole figure. Estimated monthly payments DO NOT include any processing or other possible fees which may depend on the financial institution / banks. All loan figures are based upon non-commercial usage and are subject to credit approval from an independent lending source. Actual down payment and resulting monthly payments may vary depending upon type and use of vehicle, regional lender requirements, and the strength of your credit. Check with your dealer for exact monthly payment.


Bank NameBanksInterest
ICICI ICICI 9% p.a. onwards
YesYes9% p.a. onwards
HDFCHDFC9% p.a. onwards

Frequently asked questions

A. The EMI for Techo Electra Neo depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for Techo Electra Neo depends on the bank and lending institution. Generally, the interest rate ranges between 9.7% per annum to 15% per annum.

A. The ex-showroom price of Techo Electra Neo in India is ₹ 41919.

A. For the down payment of 10000 at an interest rate of 12 % and if loan tenure is 12 months, the monthly EMI would be ₹2,835

A. The monthly EMI for Techo Electra WNeo can be calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. Here, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for Techo Electra Neo.

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