- Select City
SN Solar Energy Battery Operated Auto Electric Rickshaw EMI Calculator
It is very easy to calculate the EMI for your truck loan. You will get EMI as soon as you enter the required loan amount and the interest rate. Installment in EMI calculator is calculated on reducing balance. As per the rules of financing institutions, processing fee or possible charges may be applicable which are not shown in the EMI we calculate.
SN Solar Energy Battery Operated Auto Electric Rickshaw EMI starts at 1605 per month for a tenure of 60 months @ 10.5% for a loan amount of . The EMI Calculator tool on trucksDekho gives a detailed break-up of the total payable amount and helps you in finding best truck finance for your Battery Operated Auto Electric Rickshaw.
Calculate your EMI
Popular SN Solar Energy Trucks
SN Solar Energy Electric Rickshaw LoaderFrom ₹87,000.00 *- SN Solar Energy Battery RickshawFrom ₹85,000.00 *
- SN Solar Energy Loading Electric RickshawFrom ₹78,000.00 *
- SN Solar Energy Solar Electric Passenger RickshawFrom ₹88,000.00 *
- SN Solar Energy Passenger E RickshawFrom ₹68,000.00 *
Compare Battery Operated Auto Electric Rickshaw with Competitors
- Electric
Frequently Asked Questions on Battery Operated Auto Electric Rickshaw EMI
What will be the lowest down payment for Battery Operated Auto Electric Rickshaw?
What will be the monthly EMI for the Battery Operated Auto Electric Rickshaw?
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 the Battery Operated Auto Electric Rickshaw 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 commercial vehicle loan is Rs. 74700- on an annual rate of interest of 10.5 for a tenure of 5 years then EMI will be Rs 1605. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10.5 per annum, then R= 10.5/12 = 0.875.
What will be the interest rate for the Battery Operated Auto Electric Rickshaw?