Bajaj Chetak C25 EMI Guide: Plan Your Purchase
Bajaj Auto recently introduced the Chetak C2501, also known as the Chetak C25, in India. This model stands as the most budget-friendly option in the Chetak electric scooter lineup. Priced at ₹91,399 (ex-showroom), the Chetak C25 aims to be a practical choice for urban commuters.
Many electric scooters at similar price points offer better specifications. However, Bajaj Auto is confident this model will capture a significant market share. The company believes its strategy will pay off despite the competition.
Key Features of the Bajaj Chetak C25
The Chetak C25 delivers a claimed range of 113 kilometers on a single charge. This range proves sufficient for daily city travel. The scooter reaches a top speed of 55 kilometers per hour, making it suitable for most urban roads.
If you are considering buying an electric scooter, the Chetak C25 might have caught your eye. Understanding the monthly EMI options can help you make an informed decision.
Monthly EMI Calculation for Bajaj Chetak C25
The ex-showroom price of the Bajaj Chetak C25 is ₹91,399. For this EMI guide, we assume a down payment of ₹30,000. This leaves a loan amount of ₹61,399 to finance.
We consider two interest rates: 7.5% and 8%. Loan repayment tenures include 12 months and 24 months. These factors influence your monthly payments.
EMI Details at 7.5% Interest Rate
- For a 12-month tenure, the monthly EMI is ₹5,327. The total interest paid amounts to ₹2,523.
- For a 24-month tenure, the monthly EMI drops to ₹2,763. The total interest paid increases to ₹4,911.
EMI Details at 8% Interest Rate
- With a 12-month tenure, the monthly EMI rises slightly to ₹5,341. The total interest paid is ₹2,693.
- With a 24-month tenure, the monthly EMI becomes ₹2,777. The total interest paid reaches ₹5,247.
These calculations show how extending the loan tenure reduces your monthly burden. However, it increases the total interest paid over time. Choosing the right plan depends on your financial situation.
Bajaj Auto's launch of the Chetak C25 adds another option to India's growing electric vehicle market. With careful EMI planning, this scooter could be a smart investment for daily commuting.
