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.
Finance
Arrow Ev Max EMI Calculator
Select Variant
Arrow Ev Max (₹1,60,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹2,380
Down Payment₹48,000
Loan Principal₹1,12,000
Total Interest₹30,800
Total Cost₹1,90,800
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Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹255 and you save ₹15,300 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,380) with lowest total interest.
Lender Comparison— ₹1,12,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,298 |
SBI | 8.75% | ₹0 | ₹2,312 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,331 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,339 |
Axis Bank | 9.5% | ₹3,500 | ₹2,353 |
* 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 Max Price FAQs
What is the starting ex-showroom truck price in India for the Arrow Ev Max?
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The starting ex-showroom truck price in India for the Arrow Ev Max typically ranges from around INR 7.5 Lakhs to INR 8.5 Lakhs, depending on the variant and specific features. This competitive pricing makes it an accessible entry into electric commercial vehicles.
Are there any government subsidies or incentives for buying the Arrow Ev Max?
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Yes, electric vehicles like the Arrow Ev Max are often eligible for significant FAME-II subsidies from the central government and additional state-level incentives. These subsidies can substantially reduce your effective purchase cost, making electric small commercial vehicles more attractive.
What financing options are available for purchasing the Truck Arrow Ev Max?
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TruckOnWheels partners with leading banks and financial institutions to offer attractive EMI schemes and flexible loan options. You can explore various financing plans tailored to your budget and business needs, making it easier to own this advanced electric truck.
Does the quoted price include the battery pack for the Arrow Ev Max?
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Yes, the quoted ex-showroom truck price in India for the Arrow Ev Max generally includes the high-capacity Lithium-ion battery pack. This means there are no separate lease agreements for the battery in most purchase models, ensuring a straightforward acquisition cost.
How does the Arrow Ev Max's initial price compare to diesel small commercial vehicles?
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While the initial truck price might be slightly higher than comparable diesel small commercial vehicles, the Arrow Ev Max offers substantial long-term savings on running costs (fuel and maintenance). This makes it a highly cost-effective and smart investment over its operational lifespan.
What is the on-road price of the Arrow Ev Max in my city?
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The on-road price includes the ex-showroom price, RTO registration charges, insurance costs, and any applicable government subsidies or discounts specific to your city. You can get a detailed and personalized on-road price quote for the Arrow Ev Max directly from our sales team on TruckOnWheels.
Can I get a customized quote for bulk purchases or specific business needs?
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Absolutely! We encourage you to contact our sales team or fill out an inquiry form on TruckOnWheels to get a personalized quote. We can discuss bulk purchase discounts, fleet management solutions, and any specific body customization costs for your business requirements.
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Arrow Ev Max Brochure
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Finance
Arrow Ev Max EMI
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