
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
₹1.40L
Fuel Type
Electric
Motor
1000 Watt 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
₹2,083
Calculated on ₹98,000 loan at 10% for 5 years.
Down Payment
₹42,000
Loan Principal
₹98,000
Total Interest
₹26,980
Total Cost
₹1,66,980
Cost Breakup
₹42,000
Amount paid upfront before finance starts.
₹98,000
₹26,980
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 | ₹2,011 |
SBI | 8.75% | ₹0 | ₹2,023 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,040 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,047 |
Axis Bank | 9.5% | ₹3,500 | ₹2,059 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from INR 8.5 lakhs to 9.5 lakhs, varying based on city RTO charges, insurance, and specific dealer offers across different regions.
Yes, it typically comes in a standard and a deluxe variant, offering slight differences in cabin features, load body options, and amenities to suit diverse customer needs and budgets.
Various financing options are available through leading banks and NBFCs, with EMIs starting from approximately INR 15,000 per month, depending on down payment, loan tenure, and interest rates.
It commands a strong resale value due to its proven reliability, excellent fuel efficiency, and high demand in the used commercial vehicle market, making it a sound investment.
Dealers often provide seasonal discounts, exchange bonuses, or attractive finance schemes. It is always advisable to check with your local dealerships for current promotions and best deals.