Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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
Bajaj GoGo P7012 EMI Calculator
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Bajaj GoGo P7012 (₹3,83,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹5,697
Down Payment₹1,14,900
Loan Principal₹2,68,100
Total Interest₹73,720
Total Cost₹4,56,720
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₹1,00,000₹3,83,000
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₹0₹2,83,000
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1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹5,697) with lowest total interest.
Lender Comparison— ₹2,68,100 · 5 yr · 10% base
| 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.
- 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.
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Bajaj GoGo P7012 Price FAQs
What is the approximate on-road price of the Bajaj Gogo P7012 in India?
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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).
Are there different variants available for the Bajaj Gogo P7012 and what are their prices?
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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.
What are the EMI options available for purchasing the Bajaj Gogo P7012?
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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.
What is the expected resale value of the Bajaj Gogo P7012?
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Bajaj commercial vehicles generally hold good resale value due to their reliability and consistent demand in the market, making it a sound investment.
Does the Bajaj Gogo P7012 qualify for any government subsidies or schemes?
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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.
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Bajaj GoGo P7012 EMI
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