Zelio Gracy+ EMI Calculator

Updated on November 2026

The Zelio Gracy+ EMI is Rs. 1,559 per month for 36 months at 9.45% on a loan of Rs. 48,719, with a down payment of Rs. 14,200. This is based on the Lead Acid 60V 32Ah variant's on-road price of Rs. 62,919 in Delhi (ex-showroom Rs. 59,309). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: Gracy+ On-road price | Gracy+ Mileage

Zelio Gracy+ EMI and Down Payment

Zelio Gracy+ Lead Acid 60V 32Ah – EMI calculator

Ex-showroom

: Rs. 59,309

On-road price

: Rs. 62,919 (Delhi)

Loan amount

: Rs. 48,719 (On-road price - Down payment)

Down payment

: Rs. 14,200 (Amount paid upfront)

Monthly EMI

: Rs. 1,559 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 3,410

View November Offers View EMI Offers

Zelio Gracy+ Bike Loan EMI Calculator

Variant: Lead Acid 60V 32Ah
On-road price (Delhi): Rs. 62,919
Down payment: Rs. 14,200
Loan amount: Rs. 48,719
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 1,559

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.
..Read More
..Read Less
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

Zelio Gracy+ Bike Loan EMI & Loan Breakdown

Monthly EMI

Rs. 1,559

36 months @ 9.45%

Down paymentRs. 14,200
Loan amountRs. 48,719
Total interestRs. 7,405
Total loan repayment (EMIs)Rs. 56,124
Total purchase outlayRs. 70,324

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the Lead Acid 60V 32Ah 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. 14,731	Rs. 3,977	Rs. 33,988
Year 2 Months 13-24	Rs. 16,186	Rs. 2,522	Rs. 17,802
Year 3 Months 25-36	Rs. 17,802	Rs. 906	Rs. 0

Zelio Gracy+ Loan Interest Rates by Bank

Zelio Gracy+ loan rates, 36 months, loan Rs. 48,719
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 1,677 (36 months)
ICICI Bank	10.05% onwards	Rs. 1,573 (36 months)
Axis Bank	11% onwards	Rs. 1,595 (36 months)
Bank of Baroda	13.65% onwards	Rs. 1,657 (36 months)

Apply Now

Zelio Gracy+ EMI by Tenure

For a Rs. 48,719 loan on the Lead Acid 60V 32Ah at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 4,271	Rs. 2,533	Rs. 51,252
24 months	Rs. 2,236	Rs. 4,945	Rs. 53,664
36 months	Rs. 1,559	Rs. 7,405	Rs. 56,124
48 months	Rs. 1,223	Rs. 9,985	Rs. 58,704
60 months	Rs. 1,022	Rs. 12,601	Rs. 61,320

Images | Colours

Zelio Gracy+

Starts at ₹ 59,309

View November Offers

Zelio Gracy+ Variant-Wise EMI

On-road prices in Delhi. 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.

Gracy+ Variants	Fuel/Transmission	Ex-showroom	On-road Price	Loan @9.45%	Down Payment	EMI (36 months)
Lead Acid 60V 32Ah	Electric	Rs. 59,309	Rs. 62,919	Rs. 48,719	Rs. 14,200	Rs. 1,559
Lead Acid 72V 32Ah	Electric	Rs. 62,184	Rs. 65,840	Rs. 51,225	Rs. 14,615	Rs. 1,640
Lead Acid 60V 42Ah	Electric	Rs. 66,209	Rs. 69,929	Rs. 54,731	Rs. 15,198	Rs. 1,752
Lead Acid 72V 42Ah	Electric	Rs. 70,464	Rs. 74,251	Rs. 58,438	Rs. 15,813	Rs. 1,871
Lithium Ion 60V 32Ah	Electric	Rs. 75,984	Rs. 79,859	Rs. 63,247	Rs. 16,612	Rs. 2,025
Lithium Ion 74V 32Ah	Electric	Rs. 81,734	Rs. 85,701	Rs. 68,256	Rs. 17,445	Rs. 2,185

How Is the Zelio Gracy+ 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 Lead Acid 60V 32Ah variant: P = Rs. 48,719, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 1,559.

The calculation starts from the Delhi on-road price of Rs. 62,919 (ex-showroom Rs. 59,309 plus insurance, RTO and other charges).

Factors That Affect Your Zelio Gracy+ 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. 23 to the EMI on a Rs. 48,719 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. 4,271; over 60 months it drops to Rs. 1,022 but you pay Rs. 10,068 more in interest.
Variant and city: In Delhi the EMI ranges from Rs. 1,559 (Lead Acid 60V 32Ah) to Rs. 2,185 (Lithium Ion 74V 32Ah). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Zelio Gracy+ EMI vs HF Deluxe, Platina 100, Radeon

Starting EMI of each model's base variant, worked out the same way as the Zelio Gracy+: the down payment is the on-road price minus the loan, and the rate depends on the price, so check it in each row.

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Hero HF Deluxe All Black OBD2B	Rs. 70,955	Rs. 1,564	36 months	9.45%	Compare with Gracy+
Bajaj Platina 100 STD	Rs. 83,338	Rs. 1,826	36 months	11.99%	Compare with Gracy+
TVS Radeon All Black Edition	Rs. 69,433	Rs. 1,577	36 months	9.45%	Compare with Gracy+
Honda Shine 100 Standard	Rs. 80,210	Rs. 1,736	36 months	9.45%	Compare with Gracy+

Frequently Asked Questions About Zelio Gracy+ EMI

What is the monthly EMI for the Zelio Gracy+?

Rs. 1,559 a month for the Lead Acid 60V 32Ah, on a Rs. 48,719 loan at 9.45% for 3 years. The top Lithium Ion 74V 32Ah works out to Rs. 2,185.

How much down payment is required for the Zelio Gracy+?

About Rs. 14,200 for the Lead Acid 60V 32Ah in Delhi. That's the on-road price of Rs. 62,919 minus the Rs. 48,719 loan.

How does the loan tenure affect the Zelio Gracy+ EMI?

Over 1 year the EMI is Rs. 4,271 and you pay Rs. 2,533 in interest. Stretch it to 5 years and the EMI drops to Rs. 1,022, but interest rises to Rs. 12,601.

Is the Zelio Gracy+ EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the Lead Acid 60V 32Ah costs Rs. 62,919 on-road, which includes Rs. 3,410 insurance and Rs. 200 RTO and other charges.

Does the Zelio Gracy+ 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 Zelio Gracy+ loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 48,719 loan comes to Rs. 1,573 a month.

Ask or read owner questions on Zelio Gracy+ Q&A

Zelio Bikes in India

Zelio Eeva Rs. 58,334
Zelio Gracy Rs. 63,884
Zelio Gracy i Rs. 60,659
Zelio X Men 2.0 Rs. 75,384
Zelio Eeva Eco Rs. 51,434

Zelio Bikes in India

Popular Electric Bikes

Oben Rorr Evo Rs. 1.40 Lakh
Flying Flea C6 (Royal Enfield) Rs. 1.99 Lakh
Ultraviolette F77 Rs. 3.09 Lakh
Revolt RV400 Rs. 1.40 Lakh
Ultraviolette X47 Venom Rs. 2.65 Lakh

View All Popular Electric Bikes