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Montra Electric Eviator

Ex-Showroom Price

₹16.11L

Key Specifications

GVW

3490 kg

Power

80 kW

Montra Electric Eviator EMI Calculator

Select Variant
Montra Electric Eviator (₹16,11,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹23,961

Down Payment4,83,300
Loan Principal11,27,700
Total Interest3,09,960
Total Cost19,20,960
Share Your EMI
₹1,00,000₹16,11,000
₹0₹15,11,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 1,063 and you save 63,780 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹23,961) with lowest total interest.

Lender Comparison— ₹11,27,700 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,99923,137
SBI
8.75%₹023,273
ICICI Bank
9.1%₹3,99923,464
HDFC Bank
9.25%₹3,50023,547
Axis Bank
9.5%₹3,50023,684

* 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.

Montra Electric Eviator Price FAQs

What is the approximate price of the Montra Electric Eviator in India?

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The approximate ex-showroom price of the Montra Electric Eviator in India typically ranges from ₹3.60 Lakhs to ₹4.20 Lakhs. This price can vary based on state subsidies, battery options, and specific variant choices.

What factors influence the final price of the Montra Electric Eviator?

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The final price of the Montra Electric Eviator is influenced by factors like the battery type (e.g., lead-acid vs. lithium-ion), any optional accessories, RTO registration, insurance, and applicable state government subsidies, which significantly reduce the effective purchase price.

What is the estimated price of the Montra Electric Eviator in Delhi?

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In Delhi, the estimated on-road price of the Montra Electric Eviator, factoring in potential subsidies, can be competitive. While exact figures fluctuate, expect it to be around ₹3.75 Lakhs - ₹4.30 Lakhs, depending on the variant and current offers.

How does the price of the Montra Electric Eviator compare to its diesel counterparts?

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The upfront price of the Montra Electric Eviator might be slightly higher than some entry-level diesel 3-wheelers. However, its significantly lower running and maintenance costs offer superior long-term savings, making the total cost of ownership very attractive.

Are there any government subsidies available that affect the price of the Montra Electric Eviator?

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Yes, the price of the Montra Electric Eviator is often eligible for FAME-II subsidies from the central government, along with additional state-specific subsidies in regions promoting electric vehicle adoption. These subsidies can substantially reduce the effective purchase price.

What is the estimated price of the Montra Electric Eviator in Mumbai?

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The estimated on-road price for the Montra Electric Eviator in Mumbai, including state benefits, typically falls within ₹3.80 Lakhs - ₹4.40 Lakhs. Maharashtra offers encouraging policies for electric vehicles.

Can I get financing options for the price of the Montra Electric Eviator?

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Absolutely, most authorized Montra Electric dealerships offer attractive financing options and tie-ups with leading banks and NBFCs for the Montra Electric Eviator. This helps manage the initial purchase price with flexible EMI plans.

What is the estimated price of the Montra Electric Eviator in Bangalore?

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In Bangalore, the estimated on-road price for the Montra Electric Eviator is generally in the range of ₹3.85 Lakhs - ₹4.45 Lakhs. Karnataka also provides incentives for electric commercial vehicles.

Is the Montra Electric Eviator price inclusive of the battery cost, or is battery available on lease?

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Typically, the listed price of the Montra Electric Eviator is inclusive of the battery cost, making it a complete purchase. However, specific lease options for batteries might be available from dealerships in certain regions as an alternative to managing the upfront price.

Montra Electric Eviator Brochure

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Montra Electric Eviator EMI

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