Dimensions
Key Highlights
Features
Key Highlights
Motors & Controller
Key Highlights
Electricals & Battery
Key Highlights
Disclaimer: On-road price may vary by location. Please confirm the final price with the dealer.
Electric
EMI starts ₹9,825/mo
Monthly EMI in New Delhi
90.00% Loan on On-Road Price @ 15% for 12 Months
Mihos EV can be financed through banks and finance companies. For Mihos EV banks generally provide 70% to 95% funding on the on-road price of a new vehicle. Interest rates range between 12% to 20%.
Your loan eligibility and final interest rate depend on your CIBIL Score and financial profile and last repayment history.
Financing the Mihos EVis made convenient through major banks and financial companies. Depending on the exact on-road price of this specific variant, banks typically offer funding ranging from 70% to 95%. Interest rates for this variant generally start from 8.5% per annum, varying based on and the finance companies terms and condition.
| Fuel | Electric |
| Transmission | Automatic |
Monthly EMI in New Delhi
90.00% Loan on On-Road Price @ 15% for 12 Months
Mihos EV can be financed through banks and finance companies. For Mihos EV banks generally provide 70% to 95% funding on the on-road price of a new vehicle. Interest rates range between 12% to 20%.
Your loan eligibility and final interest rate depend on your CIBIL Score and financial profile and last repayment history.
For Mihos EV, your loan amount, down payment, interest rate and EMI depend on the variant, on-road price, loan tenure, your CIBIL score and repayment history.
Your Mihos EV EMI varies based on the loan amount, interest rate, down payment and tenure. A higher-priced variant generally means a higher EMI.
A higher CIBIL Score improves your chances of getting higher funding at a lower interest rate.
| Ex-showroom Price | ₹ 1,13,000 |
| Road Tax | ₹ 0 |
| Insurance | ₹ 6,445 |
| Hypothecation | ₹ 1,500 |
| Total On-Road Price | ₹ 1,20,945 |
| Joy E bike Mihos EV On-road Price | ₹1,20,945 |
| Down Payment (20%) | ₹24,189 |
| Loan Amount (80%) | ₹96,756 |
| Interest Rate | 15% yearly |
| Loan Period | 12 months / 1yrs |
| Monthly EMI | ₹8,733 |
| Total Payable Amount | ₹1,04,796 |
| State Name | Joy E bike Mihos EV On-road Price | Complete Price Breakdown |
|---|---|---|
| West Bengal (Kolkata) | 120945 | Price Details |
| Gujarat (Surat) | 120945 | Price Details |
| Tripura (Agartala) | 120945 | Price Details |
| Rajasthan (Bhilwara) | 120945 | Price Details |
| City | On-road Price | EMI 1 Yrs/12M | EMI 1.5 Yrs/18M | EMI 2 Yrs/24M |
|---|---|---|---|---|
| Chandigarh | 120945 | 8733 | 6036 | 4691 |
| Nahan | 120945 | 8733 | 6036 | 4691 |
| Nizamabad | 120945 | 8733 | 6036 | 4691 |
| Mawlai | 120945 | 8733 | 6036 | 4691 |
| Kalyan-Dombivli | 120945 | 8733 | 6036 | 4691 |
Maintaining a good CIBIL score (750+) can improve your chances of getting a higher loan amount at a lower interest rate for the Mihos EV. Keep your essential documents such as salary slips, bank statements, and KYC papers, ready to help speed up the loan approval process. If you are self employed, then ITR of last 3 years is also required.
