Ashavshakti Auto E-Rickshaw thumbnail

Ashavshakti Auto E-Rickshaw

Ex-Showroom Price

₹1.25L

Key Specifications

GVW

700 kg

Power

4 hp

Ashavshakti Auto E-Rickshaw EMI Calculator

Select Variant
Ashavshakti Auto E-Rickshaw (₹1,25,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹1,860

Down Payment37,500
Loan Principal87,500
Total Interest24,100
Total Cost1,49,100
Share Your EMI
₹1,00,000₹1,25,000
₹0₹25,000
%
7%25%
Yr
1 Year7 Years
Recommended: 5 Years
Balances affordable EMI (₹1,860) with lowest total interest.

Lender Comparison— ₹87,500 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9991,796
SBI
8.75%₹01,806
ICICI Bank
9.1%₹3,9991,821
HDFC Bank
9.25%₹3,5001,827
Axis Bank
9.5%₹3,5001,838

* 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.

Ashavshakti Auto E-Rickshaw Price FAQs

What is the estimated ex-showroom price of the Ashavshakti Auto E Rickshaw?

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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.

What is the on-road price of the Ashavshakti Auto E Rickshaw in major Indian cities?

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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.

Are there any government subsidies available that reduce the price of the Ashavshakti Auto E Rickshaw?

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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.

What are the typical EMI options or financing available for purchasing the Ashavshakti Auto E Rickshaw?

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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.

How does the maintenance cost of the Ashavshakti Auto E Rickshaw compare to traditional auto-rickshaws?

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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.

What is the approximate price of the Ashavshakti Auto E Rickshaw in cities like Lucknow or Patna?

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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.

Does the battery type affect the overall cost of the Ashavshakti Auto E Rickshaw?

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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.

Are there different variants of the Ashavshakti Auto E Rickshaw, and how do their prices differ?

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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.

Ashavshakti Auto E-Rickshaw Brochure

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Ashavshakti Auto E-Rickshaw EMI

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