A Comprehensive Guide to Matelco Cycles

Matelco cycle prices range from Rs. 8,820 to Rs. 39,399, covering kids cycles to electric bicycles. The Matelco electric cycle range offers up to 45 km on a single charge.

• Kids cycle: MATELCO Ultra Kids 20, priced at Rs. 8,820
• Mountain cycle: MATELCO Ultra MA26 MagWheel, priced at Rs. 14,500
• Electric cycle: MATELCO Urbano Electric Bicycle, up to 45 km range, priced at Rs. 39,399
• Financing available through the Insta EMI Card or the Easy EMI Loan, across a flexible repayment tenure

You can convert this cost into Easy EMIs through Bajaj Finance's financing options. Find a partner store near you and check your loan eligibility in 2 minutes.

Matelco electric bicycles stand out for combining pedal power with a battery-assisted motor (250 W to 350 W), giving riders both exercise and support on longer routes. The table below breaks down the key specifications and why each one matters for everyday riding.

Buying a Matelco cycle need not empty your savings. Visit a Bajaj Finance partner store, use the Insta EMI Card or Easy EMI Loan, and enjoy Easy EMIs with zero down payment on select models.

Matelco's range spans five cycle types, from kids models to electric bicycles, so riders of every age and purpose can find a suitable match.

Matelco cycles use dependable components across the range, and the table below replaces vague descriptions with the exact specification value for each feature.

The most affordable Matelco cycle starts at Rs. 8,820 for a kids model, while the range runs up to Rs. 39,399 for the flagship electric bicycle.

Updated: September 2026

Disclaimer: Each model's features, availability, and pricing are subject to change and may vary. For the most accurate and up-to-date information, please visit the nearest Bajaj Finance partner store.

A higher-priced electric model costs more upfront, but the motor assistance can reduce daily fatigue — weigh this against a purely pedal-powered cycle if your budget is tight.

Example EMI breakdown for the MATELCO Urbano Electric Bicycle

If you are considering the MATELCO Urbano Electric Bicycle using Bajaj Finance's financing options, here is an example of what your monthly EMI would look like across available repayment plans, for a purchase price of Rs. 39,399. This is for illustration purposes only; actual EMI amounts may vary based on the plan selected and applicable terms.

Disclaimer: EMI amounts shown are illustrative examples based on assumed pricing, tenure, and financing terms. Actual EMI payable may vary depending on the product price, down payment, repayment tenure, applicable interest rates, processing fees, and the terms of the Insta EMI Card or the Easy EMI Loan.

A Matelco cycle works through one of three mechanisms — manual pedalling, battery-assisted pedalling, or wide-tyre grip — depending on the model type you choose.

Portable and foldable Matelco cycles

Select Matelco models come with a foldable frame, making them easier to store in compact homes or carry on public transport. These models typically fold in a few seconds and weigh under 18 kg, keeping them manageable for most riders.

The most important Matelco bicycle maintenance tasks are checking tyre pressure, lubricating the chain, and charging the battery correctly on electric models.

1. Check tyre pressure every 2 weeks and inflate as needed.
2. Lubricate the chain every 100 km to keep gears running smoothly.
3. Inspect brake pads monthly for wear and replace when thin.
4. Charge the battery after every ride, and do not let it drop below 20 percent, for electric models.
5. Store the cycle in a dry area to prevent rust on metal parts.
6. Tighten loose bolts and check the saddle height periodically.
7. Service the cycle at an authorised centre once every six months.

A Matelco electric bicycle is worth choosing for its riding range of up to 45 km on a single charge, which covers most urban commutes without frequent charging.

• Riding range of up to 45 km suits most urban commutes
• Motor power of 250 W to 350 W provides steady assistance on inclines
• Dual disc brakes on select models provide consistent stopping power in traffic
• Prices starting at Rs. 8,820 make the range accessible across budgets

Real-world riding range can vary with rider weight, terrain, and riding mode, so it may run lower than the rated maximum — factor this into your commute planning rather than relying on the top figure alone.

Thinking of buying a new Matelco cycle?

Before you do that, explore the latest offers from Bajaj Finance. You may find a great deal on a model that matches your needs.

Bajaj Finance offers two ways to convert your Matelco cycle purchase into affordable monthly payments. Both options are available at over 1.5 lakh partner stores across 4,000 cities in India.

How to choose?

Both options require you to be physically present at a partner store. The Insta EMI Card suits shoppers who want to purchase across multiple categories over time. The Easy EMI Loan suits buyers financing a higher-value Matelco cycle purchase in a single transaction.

Buying a Matelco cycle at a Bajaj Finance partner store is simple and usually takes just 10 to 15 minutes. Follow these steps to complete your purchase smoothly.

1. Browse Matelco cycle models online: Compare brands, features, and prices before heading to a partner store.
2. Find a partner store near you: Use the Bajaj Finance store locator to find a nearby partner store such as Croma, Vijay Sales, or Reliance Digital.
3. Check the cycle in person: Visit the partner store and examine the available models. Check the frame material, wheel size, and gear type to find the one that suits your needs.
4. Choose a suitable EMI option: At checkout, ask the store executive about the Insta EMI Card or the Easy EMI Loan. Confirm the available tenure and whether your chosen model comes with zero down payment.
5. Complete payment and take your cycle home: Once approved, your purchase is processed immediately, and you can collect your new Matelco cycle the same day.

You can also check your loan eligibility online in advance by entering your mobile number and OTP, helping you plan your purchase better.

Bajaj Finance’s Smart Savings Calculator helps you unlock maximum savings every time you shop at partner stores. It brings together all available brand, dealer, and scheme offers—so you can see your total savings instantly and shop smarter with Easy EMIs.

1. Dealer offers - Grab exclusive in-store deals at over 1.5 lakh partner stores across India. Enjoy local discounts and special prices you will not find online.

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