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Looking for an eco-friendly way to commute? You can now purchase electric bicycles on EMI and split the total cost into convenient monthly instalments.
Last updated on: March 04, 2026
Due to the rising environmental consciousness, there is increasing demand for alternative modes of travel. The electric bicycle is the best option for an eco-friendly way to commute. Not only can it get you from point A to point B more sustainably, but also helps you stay fit.
Apart from manual pedalling, electric bicycles also offer assisted pedalling thanks to a battery. However, these bicycles can be a bit expensive. Many sellers and card issuers provide EMI options for electric bicycles. You can buy an electric bicycle on EMI without a credit card using the Bajaj Finserv Insta EMI Card.
Conveniently buy electric bicycles on EMI from over 1.5 lakh partner stores across 4,000+ locations using the EMI card.
Here are some of the electric bicycles available in the market:
This electric cycle is perfect for your daily commute, providing a smooth and efficient ride across city roads. Whether it's short trips or long rides, it’s built to handle both comfortably.
This e-bike offers an eco-friendly way to get around, making your daily routes more convenient and comfortable. It's ideal if you’re just starting or aim to use it regularly.
This model is a practical choice for your everyday needs, striking a great balance between performance and ease of use for errands or short trips.
This electric bicycle gives you a stable and comfortable ride, making it a reliable option for your regular commutes or weekend outings.
Before deciding on which of these bicycles to buy, compare their features, specifications, prices, and EMI plans:
| Feature | Gear Head Motors F Series Electric Cycle | HIPPO RI-502 - 2020 E - BIKE 26T | Motovolt HUM (Standard/Normal Range) | Leader E-Power L6 27.5T |
|---|---|---|---|---|
Motor |
250W |
250W
|
216wh
|
250W |
Battery |
36V 10.4 Ah |
36V 7.5 Ah |
36V |
36V 7.8Ah |
Removable Battery |
Yes |
Yes |
Yes |
Yes |
Frame |
Carbon Steel |
Steel |
Steel |
Steel |
Wheel Size |
27.5 × 2.1" |
26 x 2.35” |
26"-2.10" |
27.5” x 2.40” |
Brakes |
Dual Disc
|
Dual Disc |
Dual Disc
|
Dual Disc |
Price (in ₹) |
₹38,999 |
₹51,000 |
₹34,849 |
₹60,000 |
EMIs Starting from (in ₹) |
₹8,900/m |
₹6,816/m |
₹2,538/m |
₹4,375/m |
Disclaimer: Please note that the prices and product details mentioned above are only indicative. The products’ prices and/or availability are subject to change without prior notice.
You can easily buy an electric bicycle on EMI using the Bajaj Finserv EMI Network Card. Simply follow these steps:
Visit your nearest partner store selling electric bicycles
Browse and choose the bicycle that suits you
Select the Bajaj Finserv Insta EMI Card as your payment method
Review the available EMI plans and choose a convenient tenor
Provide your card details to the cashier for verification
Confirm the payment with the OTP sent to your registered number
With flexible EMI options, you can buy an electric bicycle without straining your budget. Here are the other benefits of using this card:
Access a pre-approved loan limit of up to ₹3 Lakhs
Buy without using a credit card at Bajaj Finserv partner stores
Minimal or no down payment required, depending on your eligibility for the feature
Choose repayment tenors of up to 60 months to repay comfortably
Foreclose your loan at any time after the first EMI payment with no extra charges
Enjoy easy EMIs with no interest charges
Reviewer
Yes. With a Bajaj Finserv Insta EMI Card, you can purchase your favourite electric bicycle on EMI from any of the Bajaj Finserv partner stores at zero interest.
Yes. You can buy an electric cycle from any one of the Bajaj Finserv partner stores on easy EMI. This enables you to split the cost into instalments without paying any added interest.
The down payment amount depends on the cycle you want to purchase and the partner you are buying from. It can also depend on the repayment tenor you choose. It can either be zero or a minimal amount that you need to pay upfront.
No, you can buy cycles on EMI without incurring any extra interest cost using the Bajaj Finserv Insta EMI Card. The cost of your cycle will be divided into monthly instalments as per the repayment tenor you opt for.
No. Since electric cycles are regular bicycles that are powered by an electric motor, you do not require a separate licence to ride them.
Depending on the model that you opt for, an electric bicycle can reach a top speed of up to 25 kilometres per hour.
Yes, buying an electric bicycle can be a good choice. It offers several benefits, including:
Lower running costs
Eco-friendly transportation that reduces your carbon footprint
Easier commutes, especially for short to medium distances
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