Bajaj Chetak Electric Scooter Down Payment, EMI, Loan, Booking Starts from Rs.2000

Bajaj has launched the Chetak electric scooter. It is available in two variants – Urbane and Premium priced at Rs. 1 lakh and Rs. 1.15 lakh (ex-showroom) respectively.

Initially, the scooter will be sold in Pune and Bangalore. Bookings will open tomorrow on the company’s website. The booking amount is set at Rs. 2,000.

Bajaj Chetak Electric Scooter Down Payment

  • Downpayment of Bajaj Electric Chetak starts from Rs.15000/-. As per price of 100000 on road.

Bajaj Chetak Electric Scooter EMI Calculator

Assume you avail a loan of Rs.70000 for Chetak electric from HDFC Bank Two Wheeler Loan for 2 years at interest rate of 15.00% so here’s the emi details for your two wheeler loan amount.

Loan Amount : Rs. 70,000
Monthly Instalment (EMI): Rs. 3,394
Total Interest Amount: Rs. 11,458
Total Amount (Principal + Interest): Rs. 81,458
Year Principal Interest Balance Amount
1 Rs. 32,394 Rs. 8,334 Rs. 37,606
2 Rs. 37,648 Rs. 3,126 Rs. 0

The Urbane variant comes in solid colors and has a drum brake at the front. The Premium version gets metallic colour options, dark or light tan seat, metallic color wheels and a front disc brake.

The Chetak e-scooter is powered by a 4.1 kW electric motor paired with an automated transmission. The motor is powered by a lithium-ion battery that has a claimed range of 95 km on a single charge in Eco Mode. In Sport mode, the range drops to 85 km. Bajaj claims that the battery can be recharged to 100% of its capacity in 5 hours. In 1 hour, the battery can be charged to 25% of its capacity.

Bajaj is offering a 3 years / 50,000 km warranty on the battery pack.

Bajaj Chetak Electric Scooter Loan

here’s the complete list of major banks which are offering finance service for bajaj chetak scooter in your city.

SBI Two Wheeler Loan 11.70% – 17.50%
HDFC Two Wheeler Loan 15.00% – 22.00%
ICICI Two Wheeler Loan 12.5% – 16.5%
PNB Two Wheeler Loan 13.25% – 14.75%
Bank of Baroda Two Wheeler Loan 12.40%
Bank of India Two Wheeler Loan 14.25%
Bajaj Finance Two Wheeler Loan Depends on Profile
Uco Bank Two Wheeler Loan 12.60% p.a