Hop Electric LEO EMI Calculator

Updated on October 2026

The Hop Electric LEO EMI is Rs. 2,258 per month for 36 months at 9.45% on a loan of Rs. 70,544, with a down payment of Rs. 17,825. This is based on the LS variant's on-road price of Rs. 88,369 in Birbhum (ex-showroom Rs. 84,360). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: LEO On-road price | LEO Mileage

Hop Electric LEO EMI and Down Payment (Birbhum)

Ex-showroom

: Rs. 84,360

On-road price

: Rs. 88,369 (Birbhum)

Loan amount

: Rs. 70,544 (On-road - Down payment)

Down payment

: Rs. 17,825 (On-road - Loan amount)

Monthly EMI

: Rs. 2,258 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 3,809

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Hop Electric LEO Bike Loan EMI Calculator

On-road price (Birbhum): Rs. 88,369
Down payment: Rs. 17,825
Loan amount: Rs. 70,544
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 2,258
Total interest: Rs. 10,744
Total payable: Rs. 81,288

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

Hop Electric LEO Loan Interest Rates by Bank

Hop Electric LEO loan rates, 36 months, loan Rs. 70,544
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 2,428 (36 months)
ICICI Bank	10.05% onwards	Rs. 2,278 (36 months)
Axis Bank	11% onwards	Rs. 2,310 (36 months)
Bank of Baroda	13.65% onwards	Rs. 2,399 (36 months)

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Hop Electric LEO EMI by Tenure

For a Rs. 70,544 loan on the LS electric at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 6,184	Rs. 3,664	Rs. 74,208
24 months	Rs. 3,237	Rs. 7,144	Rs. 77,688
36 months	Rs. 2,258	Rs. 10,744	Rs. 81,288
48 months	Rs. 1,771	Rs. 14,464	Rs. 85,008
60 months	Rs. 1,480	Rs. 18,256	Rs. 88,800

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Hop Electric LEO

3.8 7 user reviews

Starts at ₹ 84,360

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Hop Electric LEO Variant-wise EMI & Down Payment

LEO Variants	Fuel/Transmission	Ex-showroom	Loan @9.45%	Down Payment	EMI (36 months)
LS	Electric / Automatic	Rs. 84,360	Rs. 70,544	Rs. 17,825	Rs. 2,258
HS	Electric / Automatic	Rs. 97,504	Rs. 81,995	Rs. 19,883	Rs. 2,625
V3	Electric	Rs. 1,05,000	Rs. 88,525	Rs. 20,980	Rs. 2,834

Hop Electric LEO EMI vs Splendor Plus, Activa, SP125

Hero Splendor Plus
Rs. 78,688
Splendor Plus EMI Compare with LEO
Honda Activa
Rs. 79,141
Activa EMI Compare with LEO
Honda SP125
Rs. 90,593
SP125 EMI Compare with LEO
Hero Splendor Plus XTEC
Rs. 77,426
Splendor Plus XTEC EMI Compare with LEO
Suzuki Access 125
Rs. 84,440
Access 125 EMI Compare with LEO

Hop Electric LEO EMI FAQs

What is the EMI for the Hop Electric LEO?

Rs. 2,258 per month for the LS variant (loan Rs. 70,544, 9.45%, 36 months). Over 60 months it is Rs. 1,480.

What is the down payment for the Hop Electric LEO?

Rs. 17,825 for LS, Rs. 19,883 for HS and Rs. 20,980 for V3 in ZigWheels' default calculation.

What is the EMI for the Hop Electric LEO V3 variant?

Rs. 2,834 per month on a loan of Rs. 88,525 at 9.45% for 36 months.

Which bank has the lowest rate for a Hop Electric LEO loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 2,278 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Hop Electric LEO loan?

Rs. 10,744 over 36 months on the LS loan at 9.45%.

What on-road price is the Hop Electric LEO EMI based on?

Rs. 88,369 in Birbhum: ex-showroom Rs. 84,360, insurance Rs. 3,809, RTO and other charges Rs. 200.

What is the difference between EMI in advance and EMI in arrears?

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. EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees.

Ask or read owner questions on Hop Electric LEO Q&A

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