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.
Truck loan planning
Diamond Shakti EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.95L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Diamond Shakti 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
Diamond Shakti (₹1,95,000)
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Auto-adjusts interest rate
Estimated Monthly EMI
₹2,901
Calculated on ₹1,36,500 loan at 10% for 5 years.
Down Payment
₹58,500
Loan Principal
₹1,36,500
Total Interest
₹37,560
Total Cost
₹2,32,560
Cost Breakup
Down Payment
₹58,500
Amount paid upfront before finance starts.
Loan
₹1,36,500
Interest
₹37,560
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹1,95,000
₹
₹0₹95,000
%
7%25%
Yr
1 Year7 Years
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.