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
Divya Enterprises Gatimaan Passenger-E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.30L
Fuel Type
Electric
Motor
Brushless Dc Motor
Finance
Divya Enterprises Gatimaan Passenger-E-Rickshaw EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Divya Enterprises Gatimaan Passenger-E-Rickshaw (₹1,30,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,934
Calculated on ₹91,000 loan at 10% for 5 years.
Down Payment
₹39,000
Loan Principal
₹91,000
Total Interest
₹25,040
Total Cost
₹1,55,040
Cost Breakup
Down Payment
₹39,000
Amount paid upfront before finance starts.
Loan
₹91,000
Interest
₹25,040
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,30,000
₹
₹0₹30,000
%
7%25%
Yr
1 Year7 Years
✓
Recommended: 5 Years
Balances affordable EMI (₹1,934) with lowest total interest.
Lender Comparison— ₹91,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,868 |
SBI | 8.75% | ₹0 | ₹1,878 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,894 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,901 |
Axis Bank | 9.5% | ₹3,500 | ₹1,912 |
* 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.
News
Truck News
Divya Enterprises Gatimaan Passenger-E-Rickshaw Price FAQs
What is the estimated ex-showroom price range for the Divya Enterprises Gatimaan Passenger E Rickshaw?
+−
The ex-showroom price typically ranges from INR 1.20 Lakhs to INR 1.50 Lakhs, depending on the specific model, battery type, and features offered by the manufacturer.
What is the approximate on-road price of the Divya Enterprises Gatimaan Passenger E Rickshaw in major Indian cities?
+−
The on-road price, including registration, insurance, and taxes, usually falls between INR 1.40 Lakhs and INR 1.70 Lakhs, varying by state and local RTO charges.
Are there different variants available for the Divya Enterprises Gatimaan Passenger E Rickshaw, affecting its price?
+−
Yes, there might be slight variants in terms of battery type (lead-acid vs. lithium-ion), motor power, or accessory options, influencing the final price point and features.
What are the typical EMI options available for purchasing the Divya Enterprises Gatimaan Passenger E Rickshaw?
+−
Banks and financial institutions offer various EMI plans, typically requiring a down payment and monthly installments over 1-3 years, making ownership accessible and manageable for buyers.
What is the expected resale value of the Divya Enterprises Gatimaan Passenger E Rickshaw after a few years?
+−
The resale value can be decent, especially if the battery is well-maintained. Demand for used e-rickshaws remains steady due to their low running costs and essential utility in urban transport.