
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
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.30L
Fuel Type
Electric
Motor
Electric Motor
Finance
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Price will update the EMI estimate
Credit Score
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
₹39,000
Amount paid upfront before finance starts.
₹91,000
₹25,040
Loan inputs
Change down payment, tenure and rate to see the monthly EMI update instantly.
| 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.
News
The ex-showroom price typically ranges from Rs 1.25 Lakh to Rs 1.75 Lakh, depending on the variant and battery configuration.
On-road prices can range from Rs 1.50 Lakh to Rs 2.00 Lakh, including registration, insurance, and local taxes, varying by city.
Yes, there might be variants with different battery capacities, motor powers, or cargo bed configurations to suit varied commercial needs.
EMI options are available from various banks and NBFCs, usually requiring a down payment of 20-30% of the vehicle cost.
Resale value depends on battery health, maintenance, and overall condition. Electric vehicles generally maintain good value if batteries are well cared for.