Bajaj Riki P40 05 E Rickshaw thumbnail

Bajaj Riki P40 05 E Rickshaw

Ex-Showroom Price

₹1.91L

Key Specifications

GVW

-1 kg

Power

1.99 kW

Bajaj Riki P40 05 E Rickshaw EMI Calculator

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Bajaj Riki P40 05 E Rickshaw (₹1,91,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹2,841

Down Payment57,300
Loan Principal1,33,700
Total Interest36,760
Total Cost2,27,760
Share Your EMI
₹1,00,000₹1,91,000
₹0₹91,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 716 and you save 42,960 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹2,841) with lowest total interest.

Lender Comparison— ₹1,33,700 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9992,744
SBI
8.75%₹02,760
ICICI Bank
9.1%₹3,9992,782
HDFC Bank
9.25%₹3,5002,792
Axis Bank
9.5%₹3,5002,808

* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.

  • Processing fee and other loan charges are not included in this calculation.
  • The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
  • Loan approval is at the sole discretion of the finance partner.

Bajaj Riki P40 05 E Rickshaw Price FAQs

What is the ex-showroom price of the Bajaj Riki P40 05 E Rickshaw in India?

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The ex-showroom price of the Bajaj Riki P40 05 E Rickshaw in India typically ranges from approximately ₹1.40 Lakh to ₹1.60 Lakh, varying slightly based on specific state taxes and dealership offers.

What is the approximate on-road price of the Bajaj Riki P40 05 in Delhi?

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The approximate on-road price of the Bajaj Riki P40 05 in Delhi can range from ₹1.60 Lakh to ₹1.80 Lakh, which includes RTO registration, insurance, and other applicable charges specific to the capital.

How does the Bajaj Riki P40 05 price vary across different cities in India?

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The Bajaj Riki P40 05 price varies across Indian cities primarily due to differences in state government subsidies, local road taxes, registration fees, insurance costs, and individual dealer margins.

Are there any government subsidies available that affect the Bajaj Riki P40 05 E Rickshaw price?

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Yes, several state governments and the central government (under FAME II scheme) offer subsidies for electric vehicles, which can significantly reduce the final effective Bajaj Riki P40 05 E Rickshaw price for eligible buyers.

What is the Bajaj Riki P40 05 E Rickshaw price in Mumbai?

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The ex-showroom Bajaj Riki P40 05 E Rickshaw price in Mumbai generally falls between ₹1.45 Lakh and ₹1.65 Lakh, with the on-road price being higher due to Maharashtra state taxes and additional charges.

Can I get financing options for the Bajaj Riki P40 05, and how does that affect the overall price?

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Yes, various financial institutions and banks offer easy financing options for the Bajaj Riki P40 05, allowing you to pay the overall price through manageable monthly EMIs, though this adds interest costs.

What is the ex-showroom price of the Bajaj Riki P40 05 in Bangalore?

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In Bangalore, the ex-showroom price for the Bajaj Riki P40 05 is typically around ₹1.48 Lakh to ₹1.68 Lakh, subject to Karnataka state-specific taxes, subsidies, and current dealership offers.

How does the Bajaj Riki P40 05 price compare to other e-rickshaws in its segment?

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The Bajaj Riki P40 05 price is highly competitive within the e-rickshaw segment, offering a strong balance of quality, brand trust, robust features, and low operating costs for its asking price compared to many rivals.

What is the estimated price for the Bajaj Riki P40 05 E Rickshaw in Kolkata?

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The estimated ex-showroom price for the Bajaj Riki P40 05 E Rickshaw in Kolkata is usually in the range of ₹1.38 Lakh to ₹1.58 Lakh, with variations based on West Bengal state subsidies and local dealership rates.

Bajaj Riki P40 05 E Rickshaw Brochure

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Bajaj Riki P40 05 E Rickshaw EMI

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