E-Ashwa E Auto thumbnail

E-Ashwa E Auto

Ex-Showroom Price

₹2.20L

Key Specifications

GVW

1200 kg

Power

1 hp

E-Ashwa E Auto EMI Calculator

Select Variant
E-Ashwa E Auto (₹2,20,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹3,273

Down Payment66,000
Loan Principal1,54,000
Total Interest42,380
Total Cost2,62,380
Share Your EMI
₹1,00,000₹2,20,000
₹0₹1,20,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 1,063 and you save 63,780 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹3,273) with lowest total interest.

Lender Comparison— ₹1,54,000 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9993,160
SBI
8.75%₹03,179
ICICI Bank
9.1%₹3,9993,205
HDFC Bank
9.25%₹3,5003,216
Axis Bank
9.5%₹3,5003,235

* 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.

E-Ashwa E Auto Price FAQs

What is the approximate price of the E Auto in India?

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The ex-showroom price of the E Auto typically ranges from ₹3.60 Lakhs to ₹4.20 Lakhs in India, depending on the variant and battery capacity. This competitive price makes it an accessible option for commercial users.

How does the E Auto price compare with diesel cargo 3-wheelers?

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While the initial ex-showroom price of the E Auto might be slightly higher than some entry-level diesel 3-wheelers, its significantly lower running and maintenance costs quickly offset this. The long-term total cost of ownership (TCO) makes the E Auto price very attractive.

Are there any government subsidies or incentives that reduce the effective E Auto price?

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Yes, the E Auto is eligible for various state and central government subsidies under schemes like FAME-II, which can substantially reduce its effective purchase price for buyers. These incentives make the E Auto price even more appealing.

What is the estimated on-road price of the E Auto in major Indian cities?

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The on-road price of the E Auto can vary, but generally, it's around ₹3.80 - ₹4.50 Lakhs in cities like Delhi, Mumbai, and Bangalore. This includes RTO registration, insurance, and other charges on top of the ex-showroom price.

Does the battery warranty affect the overall long-term E Auto price?

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The E Auto comes with a robust battery warranty, typically 3 years or 80,000 km, which significantly reduces the long-term risk and potential replacement costs. This warranty ensures better value for the initial E Auto price.

Is financing available to purchase the E Auto, and what impacts the EMI?

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Yes, attractive financing options are available from leading banks and NBFCs for the E Auto purchase. The EMI will depend on the loan amount, interest rate, and repayment tenure, making the E Auto price manageable.

What is the E Auto price in Delhi, including subsidies?

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In Delhi, after factoring in FAME-II and potential state subsidies, the effective ex-showroom price of the E Auto can drop significantly, often making it available for an attractive price point of approximately ₹3.30 Lakhs to ₹3.80 Lakhs, depending on exact schemes.

What is the estimated price of the E Auto in Bangalore for fleet purchases?

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For fleet purchases in Bangalore, the E Auto price, including potential bulk discounts and state incentives, might hover around ₹3.90 Lakhs to ₹4.40 Lakhs (on-road). It's best to contact a local dealer for the precise fleet price.

E-Ashwa E Auto Brochure

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E-Ashwa E Auto EMI

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