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Piaggio Ape E City Ultra EMI Calculator

Piaggio Ape E City Ultrathree-wheelers

3.88 Lakh*

EMI Starts @ ₹6,271/month

Calculate your Loan EMI for Piaggio Ape E City Ultra

Piaggio
Ape E City Ultra

Ex-Showroom Price ₹3,88,000*

Calculate your Loan EMI for Piaggio Ape E City Ultra Change Model

Piaggio Ape E City Ultra EMI

EMI starting from

₹ 0 per month

₹ 0₹ 3,88,000

Principal Amount

₹ 3,49,200

Interest Amount

₹ 0

₹ 0

Down Payment

₹38,800

Bank Interest Rate

12.57%

Loan Period (Months)

84

12243648607284

*Processing fee and other loan charges are not included.

Disclaimer:- Applicable rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.

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Piaggio Ape E City Ultra Loan EMI Calculator

Piaggio Ape E City Ultra Loan EMI starts at ₹ 6271 per month with a down payment of ₹ 38,800 for 84 months tenure at the interest rate of 12.57% (depends upon the bank). You can choose the EMI options for the given loan amount on quarterly, half-yearly, and yearly basis. Note that each option will alter the amount of EMI payment.

Our CMV360 EMI Calculator tool helps you to break down the total payable amount and to find the best three wheeler finance options for your Ape E City Ultra. That will give you a detail insights of your purchase.

Piaggio Ape E City Ultra Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
Piaggio Ape E City Ultra 12.57% ₹ 38,800 ₹ 6,271

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        FAQs about Ape E City Ultra EMI

        Piaggio Ape E City Ultra EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 7.87 Thousand with the down payment of ₹ 38.80 Thousand at the interest rate of 10% for 5 year (varies from bank to bank).

        It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 7.50% and goes up to 24% per annum.

        Piaggio Ape E City Ultra Minimum down payment starts from ₹ 38.80 Thousand. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

        You will have to pay ₹ 38.80 Thousand as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 7.87 Thousand.

        Following documents are required for Piaggio Ape E City Ultra loan :

        • Identity Proof
        • Address Proof
        • Income Proof
        • Bank Statements
        • Vehicle Details
        • Business Proof
        • Photographs

        The 2025 price for the Piaggio Ape E City Ultra starts from ₹ 3.88 Lakhs Onwards . Although it can vary slightly from state to state and city to city.

        To calculate the Equated Monthly Installment (EMI) for a Piaggio Ape E City Ultra, you'll need to consider the loan amount, interest rate, and loan tenure.

        Formula for Piaggio Ape E City Ultra EMI Calculation: The formula for calculating EMI is as follows:

        EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

        EMI: Equated Monthly Installment

        P: Principal loan amount (the loan amount)

        R: Monthly interest rate (annual rate divided by 12 and expressed as a decimal)

        N: Loan tenure in months

        CMV360 assists you in locating the closest dealerships on Piaggio Ape E City Ultra where you can avail of excellent deals and purchase the Piaggio Ape E City Ultra with the most affordable monthly EMI.

        Piaggio is here to redefine affordability with our exclusive EMI offer for the mighty Piaggio Ape E City Ultra. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.

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