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.
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BYBY Passenger E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.15L
Fuel Type
Electric
Motor
BLDC Motor
Finance
BYBY Passenger E-Rickshaw EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
BYBY Passenger E-Rickshaw (₹1,15,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,711
Calculated on ₹80,500 loan at 10% for 5 years.
Down Payment
₹34,500
Loan Principal
₹80,500
Total Interest
₹22,160
Total Cost
₹1,37,160
Cost Breakup
Down Payment
₹34,500
Amount paid upfront before finance starts.
Loan
₹80,500
Interest
₹22,160
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,15,000
₹
₹0₹15,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,711) with lowest total interest.
Lender Comparison— ₹80,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,652 |
SBI | 8.75% | ₹0 | ₹1,662 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,675 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,681 |
Axis Bank | 9.5% | ₹3,500 | ₹1,691 |
* 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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BYBY Passenger E-Rickshaw Price FAQs
What is the approximate on-road price of the Byby Passenger E Rickshaw in India?
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The on-road price typically ranges from INR 1.00 lakh to INR 1.50 lakh, varying by city, dealership offers, and specific model features.
Are there different variants available for the Byby Passenger E Rickshaw?
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Yes, often there are minor variants offering differences in battery capacity, motor power, or accessory packages, impacting the final price slightly.
What are the EMI options available for purchasing a Byby E Rickshaw?
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Many dealerships offer flexible EMI options through financing partners, requiring a down payment and manageable monthly installments, making it accessible.
What is the estimated resale value of the Byby Passenger E Rickshaw?
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The resale value is generally fair, supported by the increasing demand for electric vehicles and their low running costs, especially if well-maintained.
What factors primarily influence the final price of the Byby Passenger E Rickshaw?
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Key factors include the battery type (lead-acid vs. lithium-ion), motor power, regional subsidies, and any additional features or accessories chosen.