Ather Energy has carved a niche for itself in the premium electric scooter segment, giving tough competition to top-selling brands like Ola Electric, TVS, and Bajaj.
If you’re contemplating buying the top-end Ather 450X or the base model 450S and considering financing as a viable option, this information is for you. With just a ₹25,000 down payment, you can finance an Ather Electric Scooter. Let’s delve into the details of the loan amount, interest rate, and EMI.
Ather 450X Loan, Down Payment, and EMI Details
The ex-showroom price of Ather 450X’s 3.7 kWh third-generation variant is ₹1.29 lakh, and the on-road price is ₹1,34,240. With a ₹25,000 down payment, you’ll need to finance ₹1,09,290. Assuming a loan term of 3 years at an interest rate of 9%, the monthly EMI will be ₹3,475 for the next 36 months. Financing the most expensive Ather Electric Scooter will incur an interest of about ₹16,000.
Ather 450S Loan, Down Payment, and EMI Details
For the more affordable Ather 450S variant, priced at ₹1.18 lakh ex-showroom and ₹1,22,920 on-road, financing ₹97,920 after a ₹25,000 down payment is possible. With a 9% interest rate for a 3-year term, the monthly EMI will be ₹3,114. The total interest on the Ather 450S Electric Scooter will exceed ₹14,000. It’s advisable to verify this information at the showroom before proceeding with the finance.
Financial Freedom to Ride Green 🌱
Owning an Ather Electric Scooter has become more accessible with these attractive financing options. The combination of a low down payment and manageable EMIs makes Ather a preferred choice for those looking to step into the world of electric scooters.
Important Information Table 📊
| Feature | Ather 450X | Ather 450S |
|---|---|---|
| Ex-Showroom Price | ₹1.29 Lakh | ₹1.18 Lakh |
| On-Road Price | ₹1,34,240 | ₹1,22,920 |
| Down Payment | ₹25,000 | ₹25,000 |
| Loan Amount | ₹1,09,290 | ₹97,920 |
| Interest Rate | 9% | 9% |
| Loan Tenure | 3 Years | 3 Years |
| Monthly EMI | ₹3,475 | ₹3,114 |
| Total Interest | Approx ₹16,000 | Over ₹14,000 |
With Ather’s finance options, owning an eco-friendly and stylish electric scooter is now within easy reach for many aspiring buyers.