
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
₹1.25L
Key Specifications
GVW
700 kg
Power
4 hp
Finance
Monthly EMI
₹1,860
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,796 |
SBI | 8.75% | ₹0 | ₹1,806 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,821 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,827 |
Axis Bank | 9.5% | ₹3,500 | ₹1,838 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The estimated ex-showroom price for the Ashavshakti Auto E Rickshaw typically ranges from ₹1,20,000 to ₹1,50,000, varying slightly based on specific models and battery configurations. This competitive pricing makes it an attractive investment.
The on-road price of the Ashavshakti Auto E Rickshaw will include ex-showroom price, RTO registration, insurance, and other charges. Expect it to be around ₹1,35,000 to ₹1,70,000 in cities like Delhi, Mumbai, Bengaluru, and Chennai, varying by state taxes and subsidies.
Yes, the Ashavshakti Auto E Rickshaw is often eligible for various state and central government subsidies under schemes like FAME-II, which can significantly reduce the effective price for buyers. It's advisable to check current schemes applicable in your state.
Banks and financial institutions offer attractive EMI options for the Ashavshakti Auto E Rickshaw, with down payments starting as low as 10-20% and flexible repayment tenures. This makes owning an Ashavshakti Auto E Rickshaw more accessible for operators.
The maintenance cost of the Ashavshakti Auto E Rickshaw is considerably lower than traditional auto-rickshaws due to fewer moving parts and no engine oil changes. This translates to significant long-term savings for owners.
In cities like Lucknow and Patna, the approximate price of the Ashavshakti Auto E Rickshaw (on-road) could be in the range of ₹1,30,000 to ₹1,65,000, depending on local RTO charges and any specific state-level subsidies in Uttar Pradesh and Bihar.
Yes, the battery type can affect the overall cost of the Ashavshakti Auto E Rickshaw. Models equipped with advanced Lithium-ion batteries typically have a higher upfront price compared to those with lead-acid batteries, but often offer longer life and faster charging.
Yes, the Ashavshakti Auto E Rickshaw might come in basic and premium variants, or even cargo versions, which affect their prices. A premium passenger variant with better features or a cargo variant will generally have a slightly higher price point than the standard passenger model.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI