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.
Finance
Diamond Shakti EMI Calculator
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Diamond Shakti (₹1,95,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹2,901
Down Payment₹58,500
Loan Principal₹1,36,500
Total Interest₹37,560
Total Cost₹2,32,560
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Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹776 and you save ₹46,560 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,901) with lowest total interest.
Lender Comparison— ₹1,36,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,801 |
SBI | 8.75% | ₹0 | ₹2,817 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,841 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,851 |
Axis Bank | 9.5% | ₹3,500 | ₹2,867 |
* 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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Diamond Shakti Price FAQs
What is the approximate on road price of the Diamond Shakti truck in India?
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The on road price for a Diamond Shakti typically ranges from INR 6.5 lakhs to INR 9.5 lakhs, varying by city, variant, and applicable taxes and charges.
What are the different variants or configurations available for the Diamond Shakti?
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Diamond Shakti offers various variants, primarily differing in wheelbase, load body length, and payload capacity, catering to diverse business requirements and budgets precisely.
Can you explain the typical EMI options and financing available for purchasing a Diamond Shakti?
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Attractive EMI options are available through various banks and financial institutions, with flexible down payments and loan tenures for easy and affordable ownership plans.
How does the resale value of a used Diamond Shakti truck generally fare in the market?
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The Diamond Shakti typically holds a decent resale value due to its reliability, robust build, and continuous demand in the pre owned commercial vehicle market steadily.
Are there any specific discounts or offers usually available on the Diamond Shakti?
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Dealerships often provide seasonal discounts, exchange offers, or special financing schemes on the Diamond Shakti; it's always best to inquire locally for current promotions.
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Diamond Shakti EMI
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