
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.

Ex-Showroom Price
₹3.77L
Key Specifications
GVW
950 kg
Power
8.25 kW
Finance
Monthly EMI
₹5,608
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,415 |
SBI | 8.75% | ₹0 | ₹5,447 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,491 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,511 |
Axis Bank | 9.5% | ₹3,500 | ₹5,543 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The truck price in India is primarily determined by brand reputation, model, engine capacity, payload capacity, features, and emission standards (BS6). Heavy-duty trucks naturally command a higher price than small commercial vehicles due to their robust build and advanced technology.
The price range for small commercial vehicles in India generally starts from around ₹3 Lakhs and can go up to ₹8-10 Lakhs, depending on the model, brand, and features. They offer an affordable entry point for businesses looking for efficient transport solutions.
Heavy-duty truck prices in India vary significantly, starting from approximately ₹20 Lakhs for a basic model and going well over ₹50 Lakhs for specialized multi-axle or tractor-trailer variants. The specific truck price depends on its configuration, power, and brand.
Yes, most commercial vehicle manufacturers and banks offer various financing options, including loans and EMIs, to help buyers manage the truck price in India. Attractive interest rates and flexible repayment plans are often available to make purchases more accessible.
Yes, the brand plays a significant role in determining the truck price. Established brands with a reputation for reliability, strong after-sales service, and advanced technology often have a slightly higher price point. However, this often translates to better resale value and peace of mind.
You can find the best truck price deals by visiting authorized dealerships during festive seasons or year-end sales, as they often offer special discounts and schemes. Online platforms like TruckOnWheels also showcase current offers and help compare prices across different models and brands.
Yes, beyond the ex-showroom truck price, you should account for hidden costs like road tax, registration fees, insurance, extended warranty, and accessories. These can add a substantial amount to the overall cost, so always inquire about the 'on-road price' for clarity.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI