Olectra CX2 EMI Calculator

Down Payment

₹0

Bank Interest Rate

13%

Loan Period(Months)

EMI

per month

₹0

Calculated on Ex-showroom Price

*Ex-showroom Price

₹0

Priciple amount

₹0

Total interest

₹0

Total Amount

₹0

Olectra CX2 Loan EMI Calculator

Olectra CX2 Loan EMI starts at ₹ NaN per month with a down payment of ₹ NaN for 60 months tenure at the interest rate of 13% (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 truck finance options for your CX2. That will give you a detail insights of your purchase.

Olectra CX2 Down Payment and EMI

Brand Model	LOAN @ RATE%	DOWN PAYMENT	EMI AMOUNT(60 MONTHS)
Olectra CX2	13%	₹ NaN	₹ NaN

Olectra CX2 Similar Buses

Mahindra Supro School Van

Ex-showroom Price

₹ 6.19 Lakh

Tata City Ride Skool

Ex-showroom Price

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Force Traveller 26 School Bus

Ex-showroom Price

₹ 17.29 Lakh

Tata Starbus EV 4 12 Low Entry Electric Bus

Ex-showroom Price

₹ 2.2 Cr

Tata Starbus Ultra School

Ex-showroom Price

₹ 28.38 Lakh

Frequently Asked Questions

Olectra CX2 EMI depends upon various factors like bus loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ NaN with the down payment of ₹ NaN at the interest rate of 13% for 5 year (varies from bank to bank).

It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 10% and goes up to 24% per annum.

Olectra CX2 Minimum down payment starts from ₹ NaN. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

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

Following documents are required for Olectra CX2 loan :

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

The 2024 price for the Olectra CX2 starts from ₹ NaN Onwards . Although it can vary slightly from state to state and city to city.

To calculate the Equated Monthly Installment (EMI) for a Olectra CX2, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for Olectra CX2 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 Olectra CX2 where you can avail of excellent deals and purchase the Olectra CX2 with the most affordable monthly EMI.

Olectra is here to redefine affordability with our exclusive EMI offer for the mighty Olectra CX2. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.