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
Atul RIK PLUS EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹2.71L
Fuel Type
CNG
Power
6.75 kw
Finance
Atul RIK PLUS EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Atul RIK PLUS (₹2,71,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹4,031
Calculated on ₹1,89,700 loan at 10% for 5 years.
Down Payment
₹81,300
Loan Principal
₹1,89,700
Total Interest
₹52,160
Total Cost
₹3,23,160
Cost Breakup
Down Payment
₹81,300
Amount paid upfront before finance starts.
Loan
₹1,89,700
Interest
₹52,160
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹2,71,000
₹
₹0₹1,71,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
✓
Recommended: 5 Years
Balances affordable EMI (₹4,031) with lowest total interest.
Lender Comparison— ₹1,89,700 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹3,892 |
SBI | 8.75% | ₹0 | ₹3,915 |
ICICI Bank | 9.1% | ₹3,999 | ₹3,948 |
HDFC Bank | 9.25% | ₹3,500 | ₹3,961 |
Axis Bank | 9.5% | ₹3,500 | ₹3,985 |
* 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.
News
Truck News
Atul RIK PLUS Price FAQs
What is the ex-showroom truck price of the Atul Rik Plus in India?
+−
The ex-showroom truck price of the Atul Rik Plus in India typically starts from approximately ₹2.5 lakhs, depending on the variant and location. This makes it a highly affordable and accessible small commercial vehicle for many entrepreneurs.
What is the on-road price of the Atul Rik Plus?
+−
The on-road price of the Atul Rik Plus will be slightly higher than the ex-showroom price, as it includes registration, insurance, and road tax. It can vary by state, so it's best to check with your local dealership for an exact quote on the truck price in India.
Are there different variants of the Atul Rik Plus, and how do their prices differ?
+−
Yes, the Atul Rik Plus is available in various fuel types like Petrol, CNG, and sometimes electric, with prices varying accordingly. CNG variants might have a slightly higher initial truck price in India but offer lower running costs over time.
Is financing available for purchasing the Atul Rik Plus?
+−
Absolutely. Most dealerships offer attractive financing options and loan schemes for the Atul Rik Plus, making it easier for businesses to acquire this essential small commercial vehicle. You can inquire about flexible EMIs and down payment options.
How does the truck price of the Atul Rik Plus compare to other small commercial vehicles?
+−
The Atul Rik Plus offers a very competitive truck price in India within its segment, providing excellent value for money. Its affordability combined with low running costs makes it a popular choice over many alternatives.
What are the typical ownership costs for the Atul Rik Plus besides the purchase price?
+−
Besides the initial truck price, typical ownership costs include fuel, regular maintenance, insurance, and occasional repairs. However, the Atul Rik Plus is known for its low maintenance requirements and high fuel efficiency, keeping overall running costs down.
Is the Atul Rik Plus a cost-effective investment for a new business?
+−
Yes, it is considered a highly cost-effective investment for new or growing businesses. Its affordable truck price in India, impressive mileage, and reliable performance ensure a quick return on investment, making it one of the best trucks to start with.
Does the price include any warranty or after-sales support?
+−
Yes, the purchase price typically includes a standard manufacturer's warranty, details of which can be obtained from the dealership. Atul also provides extensive after-sales support through its wide service network across India, ensuring peace of mind for buyers.