If you’re a bike enthusiast in Delhi, the Joy e-bike Monster is a name that’s been making waves. Let’s dive into the details of Joy e-bike Monster EMI, ex-showroom price, and More
Joy e-bike Monster Ex-showroom Price
The base variant of the Joy e-bike Monster comes with an ex-showroom price of ₹1.10 Lakh. But what about the on-road price?
New Joy e-bike Monster On-road Price in Delhi
The on-road price in Delhi for the base model is ₹1.14 Lakh. This includes not just the ex-showroom price but also additional costs like RTO charges and insurance.
Joy e-bike Monster EMI Breakdown
Now, let’s talk about financing. If you’re considering buying the Joy e-bike Monster, here’s what you need to know:
- Loan Amount: You can get a loan for up to 90% of the bike’s value. For the base model, that amounts to ₹1,02,825.
- Interest Rate: The interest rate typically varies from 9.7% to 15% per annum.
- Loan Tenure: Let’s assume a loan tenure of 36 months.
Down Payment
The minimum down payment includes RTO and insurance charges. For the Joy e-bike Monster base model, it’s around ₹11,425.
Monthly EMI
- (P) = Principal amount of the loan (₹1,02,825)
- (R) = Monthly interest rate (9.7% / 12 = 0.008083)
- (N) = Number of monthly instalments (36)
Summary
In summary:
- Ex-showroom Price: ₹1.10 Lakh
- On-road Price (Delhi): ₹1.14 Lakh
- Down Payment: ₹11,425
- Monthly EMI: ₹3,317
Whether you’re a city commuter or an eco-conscious rider, the Joy e-bike Monster offers an exciting blend of performance and sustainability. So go ahead, calculate your finances and hit the road! 🏍️🔌🌱
Remember to always check with your local dealership for the most accurate and up-to-date information on financing options and prices.
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