
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.

Ex-Showroom Price
₹92.00 K
Key Specifications
GVW
750 kg
Power
1 hp
Finance
Monthly EMI
₹1,369
| 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.
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Finance
Your estimated monthly EMI