Bajaj Auto launched the Chetak C2501 or Chetak C25 in India just a few days back, as the most affordable model of the brand's Chetak series of electric scooters. The all-new Bajaj Chetak C25 comes as a practical electric scooter, commanding an asking price of ₹91,399 (ex-showroom). While there are several electric scooters available in the market at a similar price point, offering better specifications, Bajaj Auto is betting big on this model to grab a larger chunk of the market pie.
The Bajaj Chetak C25 comes offering a claimed range of 113 km on a single charge, which is sufficient for daily commuting in and around the cities. The electric scooter comes capable of running at a top speed of 55 kmph.
If you are planning to buy an electric scooter and Bajaj Chetak C25 has grabbed your attention, here is a quick guidebook explaining the monthly EMI details.
Bajaj Chetak C25 comes priced at ₹91,399 (ex-showroom). In this monthly EMI calculation, we have assessed the factors like rate of interest down-payment and loan amount, duration of loan repayment, etc.
For calculating the monthly EMI, we have considered the rate of interest as 7.5% and 8%, while the loan repayment tenures are one and two years. The loan amount for this calculation is ₹61,399, considering the down-payment as ₹30,000.
In case of 7.5% rate of interest, the monthly EMI for 12 months is ₹5,327. In case of 24 months loan repayment tenure, the monthly EMI is reduced to ₹2,763. If the rate of interest is 8%, the monthly EMI for 12 months is ₹5,341, while for 24 months, the monthly EMI gets reduced to ₹2,777.