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Bajaj Chetak Electric Scooter Launched in India

By Finserv MARKETS - Jan 2,2020
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Bajaj Chetak Electric Scooter Launched in India

Bajaj chetak, an iconic name in the two-wheeler segment, is all set to make its comeback in an electric version. As soon as Bajaj Auto announced the launch of Bajaj Chetak, it brought back nostalgic memories for the older generation. During the 1970s and 80s, the popularity of Bajaj Chetak was unmatched. To enlighten the current generation about this iconic two-wheeler, we are going to have a glance at the iconic journey of Bajaj Chetak from its inception to rebirth.

Launched in the year 1972, Bajaj Chetak was named after the legendary brave horse of Maharana Pratap. Bajaj Chetak was developed by modifying the Italian Vespa Sprint. It was possible because Bajaj Auto had a technical alliance with Vespa. In years to come, Bajaj Chetak proved to be an affordable means of transportation for families across the country, and people lovingly called it “Hamara Bajaj.” With time, the popularity of Bajaj Chetak reached its peak, and the manufacturer had a difficult time meeting the market demand. At a point, it so happened that the demand was always overwhelmingly higher than the supply and hence, people had to wait for almost a decade for the delivery of Bajaj Chetak.

Things started to change in the early 1990s and Bajaj Chetak scooters were easily available right off the shelf. People no longer had to wait to drive home their Bajaj Chetak. However, in the late 90s, various Japanese motorbikes like the Suzuki and Kawasaki were introduced. The youth of that generation preferred bikes over scooters and that’s how the decline of Bajaj Chetak started gradually.

The revival of Bajaj Chetak was always on the cards, and with the recent announcement made by Bajaj Auto, happy days are not so far for the lovers of Bajaj Chetak. The new model of Bajaj Chetak would be available in an electric version and could cost around Rs. 1 lakh. Bajaj Chetak electric is due for launch in 2020, and bookings for the same may begin in December 2019 itself. With electric vehicles gaining more and more popularity these days, Bajaj Chetak Electric stands a great chance of regaining its past glory in the upcoming decade.

If you are planning to purchase an electric two-wheeler for yourself, Bajaj Chetak can prove to be an ideal choice. After buying the Bajaj Chetak scooter, you must buy scooty insurance to safeguard yourself from the expenses that may arise in case of an unfortunate accident. A comprehensive two-wheeler insurance policy will not only cover third-party liability but also provide coverage against theft, loss, or damage to your vehicle in case of an accident.

Before purchasing a comprehensive insurance plan, you should do some research about third party cover vs. comprehensive insurance plan and compare various bike insurance policies offered by different insurance providers in the country. This will help you avail the best deal for yourself and keep your scooter protected while driving on Indian roads. Bajaj Allianz bike insurance policy available at Finserv MARKETS can be availed easily, and it provides extensive coverage at a competitive premium rate. Lastly, make sure that you read the terms and conditions of your bike insurance before availing it. This will help you avoid any inconvenience in the later stages.

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522