Finance your EV

Electric scooter EMI calculator

Calculate your exact monthly payment. Adjust for any scooter, down payment, tenure and bank rate.

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EMI calculator

Quick load a scooter:

Scooter price (ex-showroom) ₹1,39,999
₹50,000₹3,00,000
Down payment ₹20,000
₹0₹1,50,000
Loan tenure 36 months
12 mo60 mo
Interest rate (p.a.) 9.5%
6%18%
Monthly EMI
₹3,820
per month
₹1,19,999
Loan amount
₹17,521
Total interest
₹1,37,520
Total payable
5-year insurance (est.)
₹12,000
Registration charges (est.)
₹4,200
On-road total (est.)
₹1,56,199
Compare EMIs — all scooters

Based on ₹20,000 down · 36 months · 9.5% p.a.

Key EMI tips
💡Put down 20–30% to significantly reduce monthly EMI and total interest.
💡24-month tenure has higher EMI but saves ₹8,000–12,000 in interest vs 48 months.
💡EV-specific loans from HDFC, SBI, and Bajaj Finance offer 7.5–9% rates — lower than standard auto loans.
💡FAME-III subsidy of ₹10,000–15,000 reduces your effective ex-showroom price before EMI calculation.
💡Pre-approved loans from banks may offer better rates than in-house dealer financing.
EV vs Petrol savings
50 km/day × 30 days
Petrol cost/mo₹4,200–5,400
EV electricity/mo₹450–750
Monthly savings₹3,450–4,650

At ₹3,500/month savings, a ₹1.4L scooter pays for itself in 40 months vs petrol.

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