
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
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.95L
Fuel Type
CNG
Power
9.86 hp
Finance
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Price will update the EMI estimate
Credit Score
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,901
Calculated on ₹1,36,500 loan at 10% for 5 years.
Down Payment
₹58,500
Loan Principal
₹1,36,500
Total Interest
₹37,560
Total Cost
₹2,32,560
Cost Breakup
₹58,500
Amount paid upfront before finance starts.
₹1,36,500
₹37,560
Loan inputs
Change down payment, tenure and rate to see the monthly EMI update instantly.
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,801 |
SBI | 8.75% | ₹0 | ₹2,817 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,841 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,851 |
Axis Bank | 9.5% | ₹3,500 | ₹2,867 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The price range for small commercial vehicles in India typically starts from around ₹4.5 lakhs and can go up to ₹10-12 lakhs, depending on the brand, features, and payload capacity. This makes them accessible for many businesses.
Several factors influence truck price, including brand reputation, engine specifications, payload capacity, features like AC and power steering, and emission standards. The type of truck, such as a heavy-duty truck versus a light-duty one, also plays a major role.
Heavy-duty trucks, designed for large payloads and long hauls, generally have a much higher truck price, often starting from ₹20-25 lakhs and going into crores. Light-duty trucks, with lower capacities, are more affordable.
While direct subsidies for individual truck purchases are not common, certain government schemes might offer financing benefits or tax incentives for specific types of commercial vehicles, especially electric or BS6-compliant models.
The ex-showroom truck price is the basic cost of the vehicle before taxes, insurance, and registration charges. The on-road price includes all these additional costs, giving you the total amount you need to pay to get your truck on the road.
Yes, it's often possible to negotiate the truck price with dealers, especially during festive seasons or at the end of financial quarters. You might be able to get discounts, free accessories, or better financing deals.
Established and premium truck brands often have a higher truck price due to their reputation for reliability, advanced technology, and extensive service networks. However, newer brands might offer competitive pricing to gain market share.
Common financing options include commercial vehicle loans from banks and NBFCs, which offer various interest rates and repayment tenures. Leasing options are also available for businesses looking for flexibility in truck price management.