
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.

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 truck price in India varies widely by segment; small commercial vehicles start from ₹4-8 Lakhs, while light and medium commercial trucks range from ₹10-25 Lakhs. Heavy-duty trucks can cost anywhere from ₹25 Lakhs to over ₹60 Lakhs, depending on their capacity and features. This spectrum caters to diverse business needs.
Several factors influence a truck's price, including brand reputation, engine capacity, load carrying capacity, fuel type, features, and emission standards. Additionally, market demand, government regulations, and any specialized bodywork also play a role in determining the final truck price in India. It's a complex combination of attributes.
The ex-showroom truck price is the manufacturer's suggested retail price without taxes, registration, or insurance. The on-road price includes the ex-showroom price plus RTO charges, road tax, insurance, and possibly accessories. Always ask for the complete on-road price in India to understand the total cost of ownership.
Yes, extensive financing options are available for commercial trucks in India from banks, NBFCs, and even manufacturer-affiliated financial services. These typically offer flexible EMI schemes, low down payments, and varying loan tenures to help businesses purchase commercial vehicles. Researching these options is crucial for budget planning.
Small commercial vehicles in India generally range from ₹4 Lakhs to ₹8 Lakhs (ex-showroom). This price segment includes popular mini-trucks and pick-ups ideal for urban and semi-urban last-mile logistics. The exact truck price depends on the model, payload capacity, and specific features.
Heavy-duty trucks in India typically cost between ₹25 Lakhs to over ₹60 Lakhs (ex-showroom). This segment covers multi-axle trucks, tippers, and tractor-trailers designed for heavy load transportation over long distances. The exact heavy-duty truck price depends on the engine power, gross vehicle weight (GVW), and technological features.
Yes, the brand plays a significant role in determining the truck price. Established brands like Tata Motors, Ashok Leyland, and Mahindra often have a competitive pricing structure, while premium or specialized brands might command a higher price. This is due to factors like brand perception, technology, and after-sales service network.
For the latest and most accurate truck price list in India, it's best to visit authorized dealerships directly or check their official websites. Our TruckOnWheels portal also strives to provide up-to-date pricing information for various commercial vehicles. Prices can vary by city and specific variant, so always verify.
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