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FAQ’s

Electric Vs Petrol Vehicles

ELECTRIC VEHICLES
Cost of Vehicle (Rupees) 45000 45000 45000 45000 45000
Average Daily Run (Kms) 20 40 60 80 100
Average Daily Cost (Rupees) 22.33333333 44.66666667 67 89.33333333 111.6666667
Average Annual Cost (Rupees) 8040 16080 24120 32160 40200
100% Return On Investment (Years) 5.597014925 2.798507463 1.865671642 1.399253731 1.119402985
Minimum Earning (INR) 10000 15000 17000 18000 20000
Effective Minimum Earning (INR) 46000 41000 38000 37000 36000
Guranteed Earning (INR) 5000 5000 5000 5000 5000
Guranteed Effective Earning (INR) 41000 31000 26000 24000 21000
PETROL VEHICLES
Cost of Vehicle (Rupees) 56000 56000 56000 56000 56000
Cost of Vehicle – After RoI Period 20000 30000 35000 37000 40000
Loss 36000 26000 21000 19000 16000

Is the vehicle loan available from any Bank?

No, currently banks does not offer vehicle loan on electric 2 wheelers. Although they offer personal loan which could be used to purchase the electric vehicles.

Bharatiya Mahila Bank, Uttam Tower, Opposite to Aghakhan palace, Nagar Road,
Kalyani Nagar, Pune-411006., 020-26681164/65
Mr. Kanucharan Panigrahy – 9861056939, br.pune@bmb.co.in, IFS Code BMBL0000038

UAE Exchange & Financial Services Ltd, MAHARASHTRA STATE, PUNE – KONDWA (KOO)
SHOP NO.105,FIRST FLOOR GERA J, LULLA NAGAR CHOWK, KONDWA, PUNE-411040
MAHARASHTRA, TEL NO: 1800 3000 1555, FAX: 02065233711, E-MAIL: mail.us@uaeexchange.co.in

Bajaj Finance

What is the mileage of vehicles?

The vehicles have 60 Kilometers mileage once they are fully recharged.

How much time it takes for recharging the battery ?

It generally takes 5 to 6 hours to fully charge the battery.

What battery is used ? What’s the capacity of the battery ?

The Lead acid battery of 12 V, 20 Ah capacity is being used in these vehicles. It comes with 4 or 5 batteries.

Is there any guarantee/warranty available ?

One year warranty is offered on the Battery, Motor and Controller of the vehicle. As other parts are electric in nature, no warranty could be offered on them.

Do we need Registration or Driving License for these vehicles ?

No. You don’t need the Registration or Driving License for these vehicles.

Can we get the insurance on these vehicles ?

Yes. All leading companies offer insurance of electric vehicles.

How much electricity bill we get per month ?

To charge the vehicle, it takes less than 1 unit per day. With that for all 30 days the domestic bill could roughly be 150 rupees per month.

When do we need to replace the battery ?

The battery has 500 cycles life, so generally no problem occurs before 2 years. The battery could be replaced after 2 years for good performance of the vehicle.

Will anything happen to the vehicle due to rains ?

No, enough precautions have been taken to make the wiring water-proof.

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