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OSM Rage Plus Rapid EV EMI Calculator

OSM Rage Plus Rapid EVthree-wheelers

OSM Rage Plus Rapid EV EMI Calculator

4.00 Lakh*

EMI Starts @ ₹6,461/month

Calculate your Loan EMI for OSM Rage Plus Rapid EV

OSM
Rage Plus Rapid EV

Ex-Showroom Price 3,99,750*

Calculate your Loan EMI for OSM Rage Plus Rapid EV Change Model

OSM Rage Plus Rapid EV EMI

EMI starting from

0 per month

₹ 03,99,750

Principal Amount

3,59,775

Interest Amount

0

0

Down Payment

39,975

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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OSM Rage Plus Rapid EV Loan EMI Calculator

OSM Rage Plus Rapid EV Loan EMI starts at ₹ 6461 per month with a down payment of ₹ 39,975 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 Rage Plus Rapid EV. That will give you a detail insights of your purchase.

OSM Rage Plus Rapid EV Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
OSM Rage Plus Rapid EV 12.57% ₹ 39,975 ₹ 6,461

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FAQs about Rage Plus Rapid EV EMI

OSM Rage Plus Rapid EV EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 6,461 with the down payment of ₹ 39,975 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.

OSM Rage Plus Rapid EV Minimum down payment starts from ₹ 39,975. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

You will have to pay ₹ 39,975 as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 6,461.

Following documents are required for OSM Rage Plus Rapid EV loan :

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

The 2024 price for the OSM Rage Plus Rapid EV starts from ₹ 4.00 Lakh Onwards . Although it can vary slightly from state to state and city to city.

To calculate the Equated Monthly Installment (EMI) for a OSM Rage Plus Rapid EV, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for OSM Rage Plus Rapid EV 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 OSM Rage Plus Rapid EV where you can avail of excellent deals and purchase the OSM Rage Plus Rapid EV with the most affordable monthly EMI.

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

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Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

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