Techo Electra Neo EMI Calculator

The calculated EMI for Techo Electra Neo is Rs. 1,586 per month @ 9.45% for a tenure of 36 months for a loan amount of Rs. 49,547. Check out the ZigWheels EMI calculator to find the best car finance for Techo Electra Neo or calculate loan interest rate and equated monthly instalments(EMI) by entering the amount of car loan that you wish to take. The ZigWheels EMI calculator calculates instalment on reducing balance.

EMI Calculation for Neo

Ex-showroom

: Rs. 55,053

Loan amount

: Rs. 49,547 (90 % of Ex-showroom)

Down payment

: Rs. 13,400 (On-road + Processing fees + EMI - Loan amount)

Monthy EMI

: Rs. 1,586 (For Tenure of 36 months @ 9.45%)

Insurance

: Rs. 3,359 (Check Neo Insurance)

View November Offers View EMI Offers

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EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Loan offers from Top Banks

Lending Partners	Interest Rate	EMI Starting From (N Months)
	14.5% onwards	Rs. 1,705 (36 months)
	10.05% onwards	Rs. 1,600 (36 months)
	11% onwards	Rs. 1,622 (36 months)
	13.65% onwards	Rs. 1,685 (36 months)

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Techo Electra Neo

3.6 2 user reviews

Rs. 55,053

View November Offers

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Must Read Questions & Answers Before Buying Neo

Q. Is this vehicle wants licence?

You need no license or registration in India for scooters that have their top speed capped at 25km per hour or have a motor of 250W or lower. However, the Techo Electra Neo is powered by a 250 W BLDC motor and the top speed is around 25kmph, thus requiring license and registration.