
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
600 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 on-road price typically ranges from Rs 8.0 lakhs to Rs 9.5 lakhs, varying significantly based on state taxes and specific registration charges.
Yes, it often comes in a single standard variant, but with customizable load body options like fixed side deck or high deck.
EMI options are readily available, with down payments starting from 20-30% and repayment tenures up to 5 years, subject to financial institution terms.
The Divya Enterprises Loader maintains a decent resale value due to its proven reliability and demand in the used commercial vehicle market.
Yes, considering its performance, fuel efficiency, and robust build quality, many users consider it an excellent value-for-money proposition in its class.
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Finance
Your estimated monthly EMI