Question 1

How much is the EMI for GK Rickshaw Heavy 100?

Accepted Answer

GK Rickshaw Heavy 100 EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 2,829 with the down payment of ₹ 17,500 at the interest rate of 10% for 5 year (varies from bank to bank).

Question 2

How much is the interest rate for GK Rickshaw Heavy 100 loan?

Accepted Answer

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.

Question 3

What will be the lowest down payment for GK Rickshaw Heavy 100?

Accepted Answer

GK Rickshaw Heavy 100 Minimum down payment starts from ₹ 17,500. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

Question 4

How much is the EMI for GK Rickshaw Heavy 100 at a Rs.10% of the Ex-showroom Price down payment of 15% for 60 months?

Accepted Answer

You will have to pay ₹ 17,500 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 2,829.

Question 5

What documents are required for GK Rickshaw Heavy 100 three wheeler loan.

Accepted Answer

Following documents are required for GK Rickshaw Heavy 100 loan :

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

Question 6

What is the price of GK Rickshaw Heavy 100 in 2025?

Accepted Answer

The 2025 price for the GK Rickshaw Heavy 100 starts from ₹ 1.75 Lakh Onwards . Although it can vary slightly from state to state and city to city.

Question 7

How to calculate EMI for GK Rickshaw Heavy 100?

Accepted Answer

To calculate the Equated Monthly Installment (EMI) for a GK Rickshaw Heavy 100, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for GK Rickshaw Heavy 100 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

Question 8

Where can I buy GK Rickshaw Heavy 100 on EMI?

Accepted Answer

CMV360 assists you in locating the closest dealerships on GK Rickshaw Heavy 100 where you can avail of excellent deals and purchase the GK Rickshaw Heavy 100 with the most affordable monthly EMI.

Question 9

What is GK Rickshaw Heavy 100 EMI offer?

Accepted Answer

GK Rickshaw is here to redefine affordability with our exclusive EMI offer for the mighty GK Rickshaw Heavy 100. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.

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FAQs about Heavy 100 EMI