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
E Pride Auto Battery Operated E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹63.00 K
Fuel Type
Electric
Motor
BLDC Motor
Finance
E Pride Auto Battery Operated 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
E Pride Auto Battery Operated E-Rickshaw (₹63,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹937
Calculated on ₹44,100 loan at 10% for 5 years.
Down Payment
₹18,900
Loan Principal
₹44,100
Total Interest
₹12,120
Total Cost
₹75,120
Cost Breakup
Down Payment
₹18,900
Amount paid upfront before finance starts.
Loan
₹44,100
Interest
₹12,120
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹63,000
₹
₹0₹-37,000
%
7%25%
Yr
1 Year7 Years
✓
Recommended: 5 Years
Balances affordable EMI (₹937) with lowest total interest.
Lender Comparison— ₹44,100 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹905 |
SBI | 8.75% | ₹0 | ₹911 |
ICICI Bank | 9.1% | ₹3,999 | ₹918 |
HDFC Bank | 9.25% | ₹3,500 | ₹921 |
Axis Bank | 9.5% | ₹3,500 | ₹927 |
* 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
E Pride Auto Battery Operated E-Rickshaw Price FAQs
What is the approximate on-road price of the E Pride Auto Battery Operated E Rickshaw in India?
+−
The on-road price typically ranges from Rs 1.20 lakh to Rs 1.60 lakh in India, varying by city, dealer, and specific model features.
Are there different variants of the E Pride E Rickshaw available, and how do their prices differ?
+−
Yes, basic cargo, passenger, and specialized variants exist. Prices vary based on battery type, motor power, and additional features, impacting the final cost.
What are the available EMI options and down payment requirements for purchasing this rickshaw?
+−
EMI options are available through various financers, usually requiring a down payment of 20-30% of the ex-showroom price. Terms vary by lender.
What is the expected resale value of the E Pride Auto Battery Operated E Rickshaw?
+−
Resale value depends on battery condition, overall maintenance, and market demand. Well-maintained units can fetch a decent price, especially with good battery life remaining.
Are there any government subsidies or schemes available for buying the E Pride E Rickshaw?
+−
Yes, various state governments and the central FAME-II scheme often offer subsidies on electric vehicles, significantly reducing the effective purchase price.