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.
City Life Butterfly XV850
Ex-Showroom Price
₹1.08L
Key Specifications
GVW
400 kg
Power
2 hp
Finance
City Life Butterfly XV850 EMI Calculator
Select Variant
City Life Butterfly XV850 (₹1,08,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹1,607
Down Payment₹32,400
Loan Principal₹75,600
Total Interest₹20,820
Total Cost₹1,28,820
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₹1,00,000₹1,08,000
₹
₹0₹8,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,607) with lowest total interest.
Lender Comparison— ₹75,600 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,552 |
SBI | 8.75% | ₹0 | ₹1,561 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,574 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,579 |
Axis Bank | 9.5% | ₹3,500 | ₹1,588 |
* 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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City Life Butterfly XV850 Price FAQs
What is the estimated on-road price of the City Life Butterfly Xv850 in major Indian cities?
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The on-road price for the Butterfly Xv850 typically ranges from INR 7.5 to 9.5 Lakhs, varying by city, RTO charges, and specific variant chosen.
What are the different variants available for the Butterfly Xv850 and their price differences?
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The Xv850 offers variants like Standard, AC, and Load Body options, with price differences reflecting features and payload capacity, usually ranging from INR 50,000 to 1 Lakh.
What are the typical EMI options and down payment requirements for purchasing the City Life Butterfly Xv850?
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EMI options usually start from INR 15,000 per month with a down payment of 1.5-2 Lakhs, depending on loan tenure and interest rates from various financiers.
What is the expected resale value of the City Life Butterfly Xv850 after a few years of use?
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The Butterfly Xv850 maintains a respectable resale value due to its reliability and demand in the commercial vehicle market. Expect 60-70% after three years.
Are there any ongoing discounts or promotional offers available for the City Life Butterfly Xv850?
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Discounts and offers on the Butterfly Xv850 vary by dealer and festive seasons. It's advisable to check with local dealerships for current promotional schemes and benefits.
Brochure
City Life Butterfly XV850 Brochure
Download for detailed specs, features & prices.
Finance
City Life Butterfly XV850 EMI
Your estimated monthly EMI