
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.

Ex-Showroom Price
₹1.20L
Key Specifications
GVW
750 kg
Power
1 hp
Finance
Monthly EMI
₹1,785
| 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.
Brochure
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Finance
Your estimated monthly EMI