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Buying an electric bike on EMI is a smart decision. However, it is important that you understand your financial budget and know which type of model you are looking for. A lower EMI payment plan across a long tenure can ease the financial burden in the short run, but it significantly increases the amount paid in interest. On the other hand, a shorter tenure period increases the EMI amount, which can create a burden on your monthly expenses. Therefore, buyers should choose a balanced electric bike EMI price that is affordable in the short and long run.
If you are looking for a suitable option for your electric bike loan, these are some possibilities you could consider:
Revolt RV 400 Premium: It has a good design, adequate storage space, and benefits from swappable battery tech.
Joy E-Bike Monster: One of the most affordable electric bikes available in the Indian market, it might be the right option for an electric bike EMI loan. There are many positives for the Joy E-Bike Monster, such as the design, riding range of 75 km, and a decent charging time of 4.5 hours. However, it has a low top speed, clocking in at only 25 kmph. This is quite low since most electric bikes in the market usually have a top speed ranging from 55-70 kmph.
Tork Kratos Urban: The Tork Kratos Urban is touted as having a ‘muscular design’, and has secured a high rating by users.
Matter AERA 5000: A bike known for its pace and presence, the Matter AERA 5000 possesses a four-speed gearbox for bike enthusiasts to enjoy!
Oben Rorr: The Oben Rorr has such an impressive design that it looks like a sportbike to many. It has an impressive riding range and fast charging time to boot.
Komaki Ranger: Built to look stylish, handle well, and deliver comfort and safety, the all-around Komaki Ranger has received positive reviews from users.
Odyssey Electric Evoqis: Just like the Oben Rorr, the Odyssey Electric Evoqis carries the look of a sports bike. Built with sturdy specifications, it is as good as any other bike mentioned in this list.
Kabira Mobility KM 3000: Sporty, stylish, and quick, the Kabira Mobility KM 3000 offers a top speed of 100 kmph and a riding range of 120 km. Perfect for eco-friendly bike enthusiasts!
The Revolt RV 400 Premium is perhaps the most popular model right now, although any of the models listed in this article would be a good option for an electric bike on an EMI plan. Remember to check your financial budget and choose an appropriate electric bike EMI price. Use an online EMI calculator to efficiently calculate the loan for your electric bike.
Take the next step & manage your immediate financial needs now.