Best electric bikes in Chennai

Last Modified: 28-June-2022

Best electric bikes in Chennai

In 2021, India’s sales of electric two-wheelers climbed by 132%. Compared to 2020, 233,971 electric two-wheelers were sold in 2021, up from 100,736. The India Electric Two-Wheeler Market is anticipated to rise at a CAGR of 43.4% between 2021 and 2027.

India’s electric two-wheeler sector is still in its nascent stages, but it is on track to becoming one of the world’s most influential markets. Due to rising vehicular emissions and strong demand for environmentally friendly automobiles, the Indian government is enacting stringent laws, which are projected to boost market growth throughout the forecast period.

With electric two-wheelers becoming more popular due to their lower running and maintenance costs, sustainability is also becoming a key factor for buyers. As people become more aware of the environmental impact of their choices, electric two-wheelers are becoming an increasingly attractive option.

Best electric bike in Chennai

Choosing an electric bike is very challenging; below is the list of the top electric bikes in Chennai.

Ather 450X

With the most electric motorcycles in the country, Ather is now the EV leader in the two-wheeler market. The Ather 450 and 450X are new variants with improved functionality over prior generations. With a 2.7kWh battery pack, the 450X e-scooter has a compact and stylish design.

Revolt RV 400

One of the best electric bikes in Chennai included on the list is the Revolt RV400. Eco mode, regular mode, and sports mode are the three ranges offered by the bike. The RV400 electric bike can go up to 85 kilometres per hour.

Ola S1 Pro

The Ola S1 and S1 Pro electric scooters, which are among the best electric bikes in Chennai, have been unveiled by Ola. Both versions receive similar design scores, while the Pro version has a few more functions.

Bajaj Chetak

Bajaj has introduced an electric scooter in India, named Bajaj Chetak, which is among the top electric bikes in Chennai. The Bajaj Chetak is built of steel with a seamless design. A 3KWh battery is installed, with a charging time of 5 hours.

TVS iQube Electric

TVS has debuted the new 2022 TVS iQube Electric, which is one of the top electric bikes in Chennai. Charging an 80% battery takes 5 hours.

What is the procedure to apply for a bike loan in Chennai?

Buying an electric bike is a significant investment. Individuals can pick two-wheeler financing because acquiring an electric bike can be costly. Bike financing allows purchasing an electric bike without paying a lot of money upfront.
Muthoot Capital, a trustworthy lender, can help borrowers secure a two-wheeler loan at affordable rates starting at 0.99%. There are no hidden fees and minimal documentation is required to complete the eligibility requirements, and the repayment tenure is flexible.

People can ascertain their monthly EMIs using Muthoot Capital’s two-wheeler loan EMI calculator. It is a perfect way to manage one’s finances.

Their two-wheeler loans can cover up to 100% of the vehicle’s on-road cost and have low EMIs.

To apply for a bike loan in Chennai:

  1. First, Individuals need to figure out how much money they will need for the loan. Examine the requirements and apply for the best bike loan possible.
  2. Utilise the loan EMI calculator to determine eligibility and explore the possibilities. To make a simple repayment plan, one needs to choose the tenure and down payment options that best fit them.
  3. It is critical to complete the application form correctly. They may encounter difficulties due to an incomplete or incorrectly filled form. With the help of the customer support representative, finish the procedure.

Applicants can apply online for the loan or visit any of their branch locations nationwide.

Conclusion

Getting the best loan is an important part of any financial plan. It is easy to get into a cycle of debt and find it hard to pay back loans. As a result, it is critical to consider all of the possibilities before making a choice.

People are urged to shop around for a trusted lender who offers the best financing and deals before taking out a two-wheeler loan. Furthermore, having all of the necessary paperwork on hand will ensure that the loan is granted promptly and the two-wheeler funding is approved in a matter of minutes.

In reality, all that is required today is a smartphone to apply for a bike loan.

About Author
Muthoot Capital Services Limited is one of India's most progressive financial companies. It is the part of Muthoot Pappachan Group which carries a legacy & trust of more than 133 years.

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