BYBY Govt. Approved E-Rickshaw thumbnail

BYBY Govt. Approved E-Rickshaw

Ex-Showroom Price

₹1.50L

Key Specifications

GVW

690 kg

Power

1 hp

BYBY Govt. Approved E-Rickshaw EMI Calculator

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BYBY Govt. Approved E-Rickshaw (₹1,50,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹2,231

Down Payment45,000
Loan Principal1,05,000
Total Interest28,860
Total Cost1,78,860
Share Your EMI
₹1,00,000₹1,50,000
₹0₹50,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 106 and you save 6,360 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹2,231) with lowest total interest.

Lender Comparison— ₹1,05,000 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9992,155
SBI
8.75%₹02,167
ICICI Bank
9.1%₹3,9992,185
HDFC Bank
9.25%₹3,5002,193
Axis Bank
9.5%₹3,5002,206

* 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.

BYBY Govt. Approved E-Rickshaw Price FAQs

What is the approximate on-road price of the Byby Govt. Approved E Rickshaw in India?

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The approximate on-road price typically ranges from Rs. 1.20 lakh to Rs. 1.50 lakh, varying by city and specific dealer offers. This includes registration and taxes.

Are there different variants of the Byby E Rickshaw available, and how do they differ in price?

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Yes, basic passenger and cargo variants are common, with price differences reflecting battery type, payload capacity, or additional features. Consult local dealers for specifics.

What are the typical EMI options available for purchasing the Byby Govt. Approved E Rickshaw?

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Various EMI options are usually available through financers, with flexible tenures and interest rates. Down payment requirements and monthly installments vary based on loan amount.

What is the expected resale value of a Byby Govt. Approved E Rickshaw after a few years?

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The resale value remains decent, especially for well-maintained models, due to consistent demand for electric rickshaws. Battery condition significantly influences its market worth.

Are there any subsidies or government schemes applicable to the Byby E Rickshaw price?

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Yes, buyers may be eligible for central or state government subsidies under FAME II or similar initiatives. These schemes can significantly reduce the effective purchase cost.

BYBY Govt. Approved E-Rickshaw Brochure

Download for detailed specs, features & prices.

BYBY Govt. Approved E-Rickshaw EMI

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