
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
₹1.42L
Fuel Type
Electric
Motor
BLDC 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
₹2,112
Calculated on ₹99,400 loan at 10% for 5 years.
Down Payment
₹42,600
Loan Principal
₹99,400
Total Interest
₹27,320
Total Cost
₹1,69,320
Cost Breakup
₹42,600
Amount paid upfront before finance starts.
₹99,400
₹27,320
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 | ₹2,040 |
SBI | 8.75% | ₹0 | ₹2,052 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,069 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,076 |
Axis Bank | 9.5% | ₹3,500 | ₹2,088 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The estimated on-road price for the base model typically ranges from INR 7.5 to 8.5 lakhs, varying slightly by city, taxes, and registration charges.
Variants include different load body sizes, engine types (diesel/CNG), or basic/feature-rich options. Prices can vary by INR 50,000 to 1 lakh per variant.
Typical EMI options range from 15,000-20,000 INR per month with a down payment of 1.5-2 lakhs, depending on loan tenure and interest rates.
This truck holds a good resale value, generally retaining 50-60% of its original price after 3-5 years, attributed to its reliability and demand.
Dealers often provide seasonal discounts, exchange bonuses, or special financing schemes, especially during festive periods, which can save buyers a good amount.