Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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.
Truck loan planning
Arrow Ev Eco EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.20L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Arrow Ev Eco EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
Arrow Ev Eco (₹1,20,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,785
Calculated on ₹84,000 loan at 10% for 5 years.
Down Payment
₹36,000
Loan Principal
₹84,000
Total Interest
₹23,100
Total Cost
₹1,43,100
Cost Breakup
Down Payment
₹36,000
Amount paid upfront before finance starts.
Loan
₹84,000
Interest
₹23,100
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹1,20,000
₹
₹0₹20,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,785) with lowest total interest.
Lender Comparison— ₹84,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,724 |
SBI | 8.75% | ₹0 | ₹1,734 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,748 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,754 |
Axis Bank | 9.5% | ₹3,500 | ₹1,765 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
- Processing fee and other loan charges are not included in this calculation.
- The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
- Loan approval is at the sole discretion of the finance partner.
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Arrow Ev Eco Price FAQs
What is the estimated Truck Arrow Ev Eco price in India?
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The Truck Arrow Ev Eco price in India typically starts from around ₹7.5 lakhs to ₹8.5 lakhs (ex-showroom), though it can vary by state and variant. This makes it a competitive and attractive option within the small commercial vehicles segment.
Are there government subsidies or incentives available for purchasing the Truck Arrow Ev Eco?
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Yes, the Indian government offers significant subsidies under schemes like FAME-II for electric vehicles, which can considerably reduce the Truck Arrow Ev Eco price in India. We recommend checking state-specific policies for additional benefits that further lower your cost.
What are the financing options or EMI plans available for buying the Truck Arrow Ev Eco?
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We offer various flexible financing options and attractive EMI plans to help you purchase the Truck Arrow Ev Eco. Our financial partners provide tailored solutions with competitive interest rates, making it easier to own this efficient electric truck.
How does the ex-showroom price compare to the on-road price for the Truck Arrow Ev Eco?
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The ex-showroom price is the base cost, while the on-road price for the Truck Arrow Ev Eco includes RTO registration, insurance, and other local taxes. This final price can vary by state, so we recommend contacting our dealers for an exact quote.
Is the Truck Arrow Ev Eco an affordable choice compared to its diesel counterparts in India?
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While the initial Truck Arrow Ev Eco price might be slightly higher than some diesel models, its significantly lower running and maintenance costs lead to a much lower total cost of ownership over its lifespan. This makes it a highly affordable and smart choice in the long run.
What does the total cost of ownership look like for the Truck Arrow Ev Eco?
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The total cost of ownership for the Truck Arrow Ev Eco is remarkably low, primarily due to minimal fuel expenses (electricity vs. diesel) and reduced maintenance requirements. These savings make it an economically sound investment for any business in India.
Are there different variants of the Truck Arrow Ev Eco that affect its overall price?
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Yes, the Truck Arrow Ev Eco may come in different variants, possibly with varying battery capacities, load body configurations, or additional features, which can impact the final price. We encourage you to explore these options to find one that fits your budget and needs.