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Tips To Consider Before Investing In Electric Scooter In India

Published on Aug 10, 2023Updated on Dec 5, 2023

Tips To Consider Before Investing In Electric Scooter In India

As the country continues to shift towards sustainable modes of transportation, electric scooters in India have gained popularity as eco-friendly and cost-effective alternatives to traditional petrol-powered scooters. While investing in an electric scooter may seem like a straightforward decision, there are several factors to consider before making a purchase.

In this article, we'll discuss five tips to keep in mind when investing in the best electric scooter in India. These tips will help you make an informed decision and choose an electric scooter that best fits your needs and budget.

Tips To Consider Before Investing In An Electric Scooter

Electric scooters are the future. Many companies have come forth with setting up affordable models and charging stations to make it a nation-wide choice. Here are five tips to keep in mind before investing in an electric scooter in India:

Battery Range

The battery range of an electric scooter is the distance it can travel on a single charge. It is an essential factor to consider as it determines how far you can travel on your scooter without having to recharge. The battery range can vary depending on the model, so it is important to research the range of the electric scooter you are considering. Also, ensure that it can meet your daily commuting needs.

Charging Time

The charging time of an electric scooter in India is another crucial factor to consider. Some models take longer to charge than others, and the charging time can range from a few hours to several hours. You will want to consider the charging time of the electric scooter you are considering and ensure that it fits into your daily routine. For example, if you plan to use your scooter for commuting from your far-away office and back on a daily basis, then you will want to ensure that it can fully charge overnight.

Maintenance And Service

Electric scooters require maintenance and service, just like any other vehicle. It is important to consider the availability of service centres and the cost of maintenance when investing in an electric scooter. You should do a thorough research on the availability of service centres for an electric scooter in India in your area and ensure that the cost of maintenance fits within your budget.

Overall Costs Involved

The cost of an electric scooter is an important consideration when investing in one. Electric scooters can range in price, depending on the model and features. While electric scooters are generally cheaper to operate and maintain than petrol-powered scooters, they can be more expensive upfront. You need to consider your budget and the features you need in an electric scooter to ensure that you get the best value for your money.

Features

Electric scooters come with various features such as regenerative braking, anti-theft alarms, and digital displays. You will want to consider the features that are important to you and ensure that the electric scooter you are considering has them. For example, if you plan to use your electric scooter for commuting, you may want an anti-theft alarm to protect your investment.

However, an electric scooter in India is beneficial in the long run because it does not emit harmful smoke. It helps the country reduce carbon emissions - part of our duties as citizens. The best electric scooter in India can be one among Ola S1, Ather 450X, Bounce Infinity E1, River Indie, Vida V1, TVS iQube Electric, and Bajaj Chetak.

Must Read: Pros and Cons of Buying Electric Scooters in India

Conclusion

If you're considering buying an electric scooter in India, a loan from SMFG India Credit can be a viable option. Note that we do not give out two-wheeler loans for electric scooters, but a personal loan is a perfect alternative. SMFG India Credit offers personal loans for self-employed and loans for pensioners as well with flexible repayment options, making it easier to manage the cost of the loan. With a personal loan, you can spread the cost of the electric scooter over several months or years, making it more affordable.

Must Read: Electric Scooter vs Petrol Scooter – Which One to Choose?

One of the advantages of taking a personal loan from SMFG India Credit to buy an electric scooter is that you can purchase a high-quality electric scooter that may be outside of your budget. With a loan, you can buy a better model of electric scooter with advanced features that can make your commuting experience more comfortable and enjoyable. With interest rates starting from as low as 11.99%* per annum and personal loan borrowing amounts touching INR 25 lakhs*, you can check your eligibility through our online eligibility calculator and apply for a small instant* loan immediately.

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us

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