
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
₹1.20L
Fuel Type
Electric
Motor
Electric 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
₹1,785
Calculated on ₹84,000 loan at 10% for 5 years.
Down Payment
₹36,000
Loan Principal
₹84,000
Total Interest
₹23,100
Total Cost
₹1,43,100
Cost Breakup
₹36,000
Amount paid upfront before finance starts.
₹84,000
₹23,100
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 | ₹1,724 |
SBI | 8.75% | ₹0 | ₹1,734 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,748 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,754 |
Axis Bank | 9.5% | ₹3,500 | ₹1,765 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price typically ranges from INR 10-12 lakhs, varying slightly based on location, specific variant chosen, and dealership offers available.
The on-road price usually falls between INR 11-13 lakhs, including registration, insurance, and road tax, differing by state and selected options.
It usually comes in a few variants, primarily differing in cargo body length, payload capacity, and sometimes engine tuning, catering to specific business needs.
Various financing options are available with attractive EMI schemes, typically requiring a down payment and offering flexible tenures from 3 to 5 years through banks.
The Divya Enterprises Cargo generally holds a good resale value due to its durability, reliability, and strong demand in the used commercial vehicle market in India.