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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Ashavshakti Deluxe MS EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.09L
Fuel Type
Electric
Motor
BLDC motor
Finance
Ashavshakti Deluxe MS 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
Ashavshakti Deluxe MS (₹1,09,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,622
Calculated on ₹76,300 loan at 10% for 5 years.
Down Payment
₹32,700
Loan Principal
₹76,300
Total Interest
₹21,020
Total Cost
₹1,30,020
Cost Breakup
Down Payment
₹32,700
Amount paid upfront before finance starts.
Loan
₹76,300
Interest
₹21,020
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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₹1,09,000
₹
₹0₹9,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,622) with lowest total interest.
Lender Comparison— ₹76,300 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,566 |
SBI | 8.75% | ₹0 | ₹1,575 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,588 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,594 |
Axis Bank | 9.5% | ₹3,500 | ₹1,603 |
* 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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Ashavshakti Deluxe MS Price FAQs
What is the Ashavshakti Deluxe Ms Electric truck price in India?
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The ex-showroom price for the Ashavshakti Deluxe Ms Electric truck in India generally starts from around ₹30.5 Lakhs, varying slightly based on specific configurations and state subsidies.
What is the estimated on-road price for the Ashavshakti Deluxe Ms Electric in Mumbai?
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The estimated on-road price for the Ashavshakti Deluxe Ms Electric in Mumbai could range from ₹31.5 Lakhs to ₹33.0 Lakhs, inclusive of RTO, insurance, and other local charges, depending on prevailing policies.
Are there any government subsidies available that affect the Ashavshakti Deluxe Ms Electric price?
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Yes, the Ashavshakti Deluxe Ms Electric price can be significantly reduced by central and state government subsidies under schemes like FAME-II, promoting electric vehicle adoption, so buyers should check local policies.
What is the ex-showroom price of the Ashavshakti Deluxe Ms Electric in Delhi?
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In Delhi, the ex-showroom price for the Ashavshakti Deluxe Ms Electric typically ranges from ₹30.0 Lakhs to ₹31.0 Lakhs, often benefiting from state EV policies that reduce initial acquisition costs.
What financing options are available for purchasing the Ashavshakti Deluxe Ms Electric and how does it impact the overall cost?
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Reputable banks and financial institutions offer attractive loan schemes for the Ashavshakti Deluxe Ms Electric, making the upfront cost more manageable with flexible EMI options over various tenures.
How does the initial Ashavshakti Deluxe Ms Electric price compare to its long-term operational savings?
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While the initial Ashavshakti Deluxe Ms Electric price might be higher than a comparable diesel truck, its significantly lower running costs, reduced maintenance, and potential subsidies lead to substantial long-term operational savings.
What is the approximate on-road price of the Ashavshakti Deluxe Ms Electric in Bangalore?
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The on-road price for the Ashavshakti Deluxe Ms Electric in Bangalore is estimated between ₹32.0 Lakhs to ₹33.5 Lakhs, factoring in state road tax, registration, and insurance charges.
Is the Ashavshakti Deluxe Ms Electric price inclusive of the battery, or is it a separate leasing model?
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The listed Ashavshakti Deluxe Ms Electric price typically includes the battery pack as part of the vehicle, though some manufacturers might offer battery-as-a-service models, so it's best to confirm with the dealer.
What factors might cause variations in the final on-road price of the Ashavshakti Deluxe Ms Electric across different Indian cities?
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Variations in the final on-road price of the Ashavshakti Deluxe Ms Electric across Indian cities are primarily due to differences in state-specific RTO charges, insurance premiums, and local EV subsidies.