
Piaggio and SBI will finance three-wheelers in UP at 0% interest under CM Yuva Yojana. Here's the real math, who qualifies, and how to apply first.

Finance
Monthly EMI
₹2,603
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,514 |
SBI | 8.75% | ₹0 | ₹2,529 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,549 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,558 |
Axis Bank | 9.5% | ₹3,500 | ₹2,573 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The average truck price in India varies significantly based on type and segment. Small commercial vehicles can start from ₹3.5 Lakh, while medium-duty trucks might range from ₹15-30 Lakh. Heavy-duty trucks, including tractor-trailers, can go upwards of ₹30 Lakh to ₹50 Lakh or more.
A small commercial vehicle (SCV) typically costs between ₹3.5 Lakh to ₹9 Lakh in India, depending on the brand, model, and features. These are budget-friendly options, making them popular for last-mile delivery and start-up businesses. The exact truck price in India for SCVs varies by state and dealer.
Several factors influence the final truck price, including the vehicle segment (small, medium, heavy-duty), engine specifications, payload capacity, cabin features, and technology. Brand reputation, warranty, and current market demand also play a role. Don't forget regional taxes and registration fees which add to the overall cost.
Yes, numerous financing options are available for buying a truck in India, including loans from banks and NBFCs. Most dealerships also offer tie-ups with financial institutions for easy EMI plans. You can often get tailored financing for both new and used vehicles based on your creditworthiness.
Heavy-duty trucks, especially those from reputable brands and well-maintained, often command a good resale value due to their durability and long operational life. The demand for used heavy-duty trucks remains strong in the Indian market. Factors like model popularity, mileage, and condition greatly influence their resale price.
Yes, beyond the initial truck price, consider costs like registration fees, road tax, insurance, accessories, and potential modifications. Ongoing expenses include fuel, maintenance, spare parts, and driver salaries. Factor these into your total budget to get a realistic picture of truck ownership.
On TruckOnWheels, you can compare truck prices from various dealers and brands, and look for special offers and discounts. Our platform often lists promotions and helps you connect with sellers for the best deals. Keep an eye on seasonal sales and financing schemes to optimize your purchase.
For popular "best trucks" in India, the price range is quite broad. For small commercial vehicles, popular models might range from ₹5-8 Lakh. For medium and heavy-duty segments, the price for top-selling trucks can vary from ₹20 Lakh to ₹45 Lakh, depending on their advanced features and capabilities.
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