
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
₹92.00 K
Fuel Type
Electric
Motor
BLDC Motor
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
₹1,369
Calculated on ₹64,400 loan at 10% for 5 years.
Down Payment
₹27,600
Loan Principal
₹64,400
Total Interest
₹17,740
Total Cost
₹1,09,740
Cost Breakup
₹27,600
Amount paid upfront before finance starts.
₹64,400
₹17,740
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 | ₹1,322 |
SBI | 8.75% | ₹0 | ₹1,330 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,340 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,345 |
Axis Bank | 9.5% | ₹3,500 | ₹1,353 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The estimated on-road price typically ranges from INR 1.10 Lakh to 1.50 Lakh, varying by city, variant, and applicable state subsidies in India.
Yes, passenger and cargo variants exist. Cargo models might be slightly higher priced due to specialized loading structures, while passenger models vary by seating capacity.
Down payments usually start from 20-30% of the ex-showroom price. EMI options are available for 12-36 months, making it accessible through various financing partners.
Resale value depends on battery health, maintenance, and overall condition. Generally, e-rickshaws hold decent value, with good demand for used commercial vehicles.
Yes, e-rickshaws like the Atut Sangam often qualify for state government subsidies and FAME India scheme incentives, significantly reducing the initial purchase cost for buyers.