
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
₹1.56L
Fuel Type
Electric
Motor
Electric 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
₹2,321
Calculated on ₹1,09,200 loan at 10% for 5 years.
Down Payment
₹46,800
Loan Principal
₹1,09,200
Total Interest
₹30,060
Total Cost
₹1,86,060
Cost Breakup
₹46,800
Amount paid upfront before finance starts.
₹1,09,200
₹30,060
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 | ₹2,241 |
SBI | 8.75% | ₹0 | ₹2,254 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,273 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,281 |
Axis Bank | 9.5% | ₹3,500 | ₹2,294 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price for the base model typically ranges from 5.5 to 6.2 Lakh INR, varying by city and additional registration costs and taxes.
Yes, it offers standard and a slightly upgraded variant, with the latter costing around 30,000-50,000 INR more for additional comfort and features.
Buyers can avail flexible EMI plans, often starting with down payments as low as 1 Lakh INR, with tenure options extending up to five years readily.
The Xv850 generally holds good resale value due to its demand and reliability in the commercial segment, making it a sound long-term investment.
A typical down payment ranges from 80,000 to 1,20,000 INR, depending on the chosen variant and the specific financial institution's lending policies.