EMotorad X1 EMI Calculator

Updated on November 2026

The EMotorad X1 EMI is Rs. 631 per month for 36 months at 9.45% on a loan of Rs. 19,700, with a down payment of Rs. 9,428. This is based on the STD variant's on-road price of Rs. 29,128 in Coimbatore (ex-showroom Rs. 25,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: X1 On-road price | X1 Mileage

EMotorad X1 EMI and Down Payment

Ex-showroom

: Rs. 25,999

On-road price

: Rs. 29,128 (Coimbatore)

Loan amount

: Rs. 19,700 (On-road price - Down payment)

Down payment

: Rs. 9,428 (Amount paid upfront)

Monthly EMI

: Rs. 631 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 2,879

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EMotorad X1 Bike Loan EMI Calculator

Variant: STD
On-road price (Coimbatore): Rs. 29,128
Down payment: Rs. 9,428
Loan amount: Rs. 19,700
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 631

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

EMotorad X1 Bike Loan EMI & Loan Breakdown

Monthly EMI

Rs. 631

36 months @ 9.45%

Down paymentRs. 9,428
Loan amountRs. 19,700
Total interestRs. 3,016
Total loan repayment (EMIs)Rs. 22,716
Total purchase outlayRs. 32,144

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the STD costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

Year	Principal paid	Interest paid	Outstanding loan
Year 1 Months 1-12	Rs. 5,964	Rs. 1,608	Rs. 13,736
Year 2 Months 13-24	Rs. 6,553	Rs. 1,019	Rs. 7,183
Year 3 Months 25-36	Rs. 7,183	Rs. 389	Rs. 0

EMotorad X1 Loan Interest Rates by Bank

EMotorad X1 loan rates, 36 months, loan Rs. 19,700
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 678 (36 months)
ICICI Bank	10.05% onwards	Rs. 636 (36 months)
Axis Bank	11% onwards	Rs. 645 (36 months)
Bank of Baroda	13.65% onwards	Rs. 670 (36 months)

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EMotorad X1 EMI by Tenure

For a Rs. 19,700 loan on the STD at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 1,727	Rs. 1,024	Rs. 20,724
24 months	Rs. 904	Rs. 1,996	Rs. 21,696
36 months	Rs. 631	Rs. 3,016	Rs. 22,716
48 months	Rs. 494	Rs. 4,012	Rs. 23,712
60 months	Rs. 413	Rs. 5,080	Rs. 24,780

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EMotorad X1

4.1 8 user reviews

Starts at ₹ 25,999

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EMotorad X1 Variant-Wise EMI

On-road prices in Coimbatore. Every variant uses the same rule: the loan runs 36 months at 9.45%, and the down payment is the on-road price minus the loan.

X1 Variants	Fuel/Transmission	Ex-showroom	On-road Price	Loan @9.45%	Down Payment	EMI (36 months)
STD	Electric	Rs. 25,999	Rs. 29,128	Rs. 19,700	Rs. 9,428	Rs. 631
Limited Edition	Electric	Rs. 27,999	Rs. 31,160	Rs. 21,442	Rs. 9,718	Rs. 686

How Is the EMotorad X1 EMI Calculated?

EMI = [P × r × (1 + r)ⁿ] ÷ [(1 + r)ⁿ − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the STD variant: P = Rs. 19,700, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 631.

The calculation starts from the Coimbatore on-road price of Rs. 29,128 (ex-showroom Rs. 25,999 plus insurance, RTO and other charges).

Factors That Affect Your EMotorad X1 Loan EMI

Down payment: Every Rs. 10,000 of extra down payment lowers the EMI by about Rs. 320 at 9.45% for 36 months.
Interest rate: A rate 1% higher adds about Rs. 9 to the EMI on a Rs. 19,700 loan. Starting rates from the banks on this page range from 10.05% to 14.5%.
Loan tenure: Over 12 months the EMI is Rs. 1,727; over 60 months it drops to Rs. 413 but you pay Rs. 4,056 more in interest.
Variant and city: In Coimbatore the EMI ranges from Rs. 631 (STD) to Rs. 686 (Limited Edition). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

EMotorad X1 EMI vs Udaan, Dope, H3

Starting EMI of each model's base variant, worked out the same way as the EMotorad X1: the down payment is the on-road price minus the loan.

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Green EV Udaan 30kms	Rs. 27,605	Rs. 589	36 months	9.45%	Compare with X1
EMotorad Dope STD	Rs. 25,065	Rs. 519	36 months	9.45%	Compare with X1
Hero Lectro H3 +	Rs. 34,208	Rs. 770	36 months	9.45%	Compare with X1
Hero Lectro Y3 RCB Edition	Rs. 29,128	Rs. 631	36 months	9.45%	Compare with X1

Frequently Asked Questions About EMotorad X1 EMI

What is the monthly EMI for the EMotorad X1?

Rs. 631 a month for the STD, on a Rs. 19,700 loan at 9.45% for 3 years. The top Limited Edition works out to Rs. 686.

How much down payment is required for the EMotorad X1?

About Rs. 9,428 for the STD in Coimbatore. That's the on-road price of Rs. 29,128 minus the Rs. 19,700 loan.

How does the loan tenure affect the EMotorad X1 EMI?

Over 1 year the EMI is Rs. 1,727 and you pay Rs. 1,024 in interest. Stretch it to 5 years and the EMI drops to Rs. 413, but interest rises to Rs. 5,080.

Is the EMotorad X1 EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Coimbatore the STD costs Rs. 29,128 on-road, which includes Rs. 2,879 insurance and Rs. 250 RTO and other charges.

Does the EMotorad X1 EMI calculator include the processing fee?

Yes. The Rs. 2,950 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a EMotorad X1 loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 19,700 loan comes to Rs. 636 a month.

Ask or read owner questions on EMotorad X1 Q&A

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