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Looking for an eco‑friendly way to commute? Electric bicycles from brands such as Hero Lectro, EMotorad, and Motovolt are now available on EMI.
Last updated on: April 29, 2026
With prices typically ranging from ₹15,000 to ₹80,000, you can split the cost into convenient monthly instalments, making ownership more accessible without upfront financial strain.
Due to the rising environmental consciousness, there is an increasing demand for alternative modes of travel. An electric bicycle is one of the best options 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.
Electric cycles combine manual pedalling with battery‑assisted support, making short and medium‑distance commutes easier. However, the upfront cost can feel high when paid in one go.
To manage this expense, you can buy an electric cycle on EMI without using a credit card through the Bajaj Finserv Insta EMI Card, subject to eligibility and applicable terms. This option allows you to convert the cost into manageable monthly instalments.
The Bajaj Finserv Insta EMI Card can be used at over 1.5 lakh EMIC partner stores across 4,000+ cities in India, making it easier to find electric cycle EMI options near you, both online and offline.
On select models, you may also be eligible for zero down payment, depending on the seller and financing terms. Always review the applicable conditions before choosing an EMI plan to ensure it fits your financial needs.
Here are some popular electric bicycles available in India, from well‑known brands such as Hero Lectro, EMotorad, Motovolt, and Leader:
This model is designed for daily city commutes and regular use. It offers a balanced riding posture, pedal‑assist support, and a sturdy frame suited for Indian road conditions.
EMotorad models are known for their focus on comfort and usability. These cycles are suitable if you prefer smooth pedal assistance, wider tyres, and stable handling for urban travel.
This electric cycle is a practical option for short commutes and errands. It offers a simple riding experience and is suitable if you are new to electric cycling.
An updated model from Leader, this electric cycle is designed for riders looking for a stable and comfortable ride for daily commutes and occasional longer loops.
Before choosing an electric cycle, you should compare their key features, pricing, and EMI options based on your usage and budget.
Here is a detailed table you can use to compare:
| Feature | Hero Lectro C3 | EMotorad T‑Rex Air | Motovolt HUM | Leader E‑Power L7 |
|---|---|---|---|---|
Motor Capacity |
250W (road‑legal) |
250W (road‑legal) |
250W |
250W |
Battery Capacity |
5.8 Ah |
10.2 AH |
216wh | 432wh | 536wh |
6.36Ah 36Volt |
Range |
Up to 30 km |
Up to 50 km |
30km - 120 km |
- |
Removable Battery |
Yes |
Yes |
Yes |
Yes |
Braking System |
Disc brakes |
Disc brakes |
Disc brakes |
Disc brakes |
Wheel Size |
27.5 inch |
27.5 inch / 29 inch |
26 inch |
27.5 inch |
Price* |
₹26,999 |
₹36,999 |
₹33,499 |
₹35,000 |
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.
When comparing electric cycles, brand reputation, model suitability, and affordability play an important role. Several established electric cycle brands offer models that can be purchased on EMI, making the upfront cost easier to manage.
Here is the detailed table:
| Brand | Popular Model | Price Range (₹)* | EMI Starting From (₹/month)* |
|---|---|---|---|
Hero Lectro |
H7+, F6i |
₹25,000 – ₹45,000 |
₹2,000+ |
EMotorad |
X1, T‑Rex Air |
₹25,000 – ₹50,000 |
₹2,100+ |
Lectrix |
SX25 |
₹45,000 – ₹55,000 |
₹3,700+ |
Motovolt |
HUM, URBN |
₹30,000 – ₹55,000 |
₹2,500+ |
*Prices and EMI amounts are indicative and may vary based on model variant, seller, tenure, and eligibility.
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 emicloan
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 easy EMIs.
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
You can buy an electric cycle on EMI at authorised partner stores across India, including both online and offline outlets. Bajaj Finserv Insta EMI Card is accepted at over emicstores partner stores in more than 4,000 cities. This makes it easier for you to find electric cycle EMI options near your location. Availability may vary by seller and city.
There is no single “best” electric cycle brand for everyone. The right choice depends on your budget, commute distance, and comfort needs. In India, brands such as Hero Lectro, EMotorad, Motovolt, Leader, and Lectrix are widely used and offer models for different riding requirements. You should compare features, after‑sales support, and pricing before deciding.
Most electric cycles take between 3 and 6 hours to charge fully. Charging time depends on the battery capacity, charger type, and power supply. Removable batteries allow you to charge the cycle conveniently at home or indoors.
An electric cycle typically offers a range of 30 to 60 kilometres on a full charge. The actual range depends on factors such as riding mode, terrain, rider weight, and battery capacity. Pedal‑assist use usually provides a longer range than throttle‑only riding.
Electric cycles with a motor capacity of up to 250W and a top speed of 25 km/h are generally treated as bicycles and do not require registration or a licence. However, using an electric cycle on highways is not recommended due to safety concerns and fast‑moving traffic. They are best suited for city roads, cycle lanes, and local streets.
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