
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
₹3.83L
Fuel Type
Electric
Motor
Advanced PMS 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
₹5,697
Calculated on ₹2,68,100 loan at 10% for 5 years.
Down Payment
₹1,14,900
Loan Principal
₹2,68,100
Total Interest
₹73,720
Total Cost
₹4,56,720
Cost Breakup
₹1,14,900
Amount paid upfront before finance starts.
₹2,68,100
₹73,720
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 | ₹5,501 |
SBI | 8.75% | ₹0 | ₹5,533 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,579 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,598 |
Axis Bank | 9.5% | ₹3,500 | ₹5,631 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from INR 2.80 lakhs to INR 3.50 lakhs, varying by state and chosen variant (ex-showroom plus taxes and registration).
Yes, typically CNG and Petrol variants exist. The CNG variant might be slightly pricier, starting around INR 3.00 lakhs ex-showroom, offering fuel choice.
Attractive EMI options are usually available with low down payments, often starting from INR 5,000 to INR 7,000 per month depending on loan tenure.
Bajaj commercial vehicles generally hold good resale value due to their reliability and consistent demand in the market, making it a sound investment.
Depending on state policies and fuel type (e.g., CNG, or electric if launched), it might qualify for certain subsidies aimed at promoting commercial vehicle purchases.