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.
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E-Ranger Deluxe Ss EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.64L
Fuel Type
Electric
Motor
BLDC Motor
Finance
E-Ranger Deluxe Ss EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
E-Ranger Deluxe Ss (₹1,64,000)
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Auto-adjusts interest rate
Estimated Monthly EMI
₹2,440
Calculated on ₹1,14,800 loan at 10% for 5 years.
Down Payment
₹49,200
Loan Principal
₹1,14,800
Total Interest
₹31,600
Total Cost
₹1,95,600
Cost Breakup
Down Payment
₹49,200
Amount paid upfront before finance starts.
Loan
₹1,14,800
Interest
₹31,600
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹1,64,000
₹
₹0₹64,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹315 and you save ₹18,900 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,440) with lowest total interest.
Lender Comparison— ₹1,14,800 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,356 |
SBI | 8.75% | ₹0 | ₹2,370 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,389 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,398 |
Axis Bank | 9.5% | ₹3,500 | ₹2,412 |
* 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.
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E-Ranger Deluxe Ss Price FAQs
What is the approximate on-road price of the E Ranger Deluxe Ss in major Indian cities?
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The on-road price generally ranges from INR 6.5 lakhs to 7.5 lakhs, varying by city and specific dealer offers. This includes registration and insurance.
Are there different variants available for the E Ranger Deluxe Ss, and how do their prices differ?
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Typically, it comes in a standard variant, and perhaps one with minimal additional features like power steering, with slight price differences of INR 20,000-30,000.
What kind of EMI options are available for purchasing the E Ranger Deluxe Ss?
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Various EMI options are available from banks and financial institutions, often with down payments starting from 20-30% and repayment tenures up to five years.
What is the expected resale value of the E Ranger Deluxe Ss after a few years of use?
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Given its robust build and demand, the E Ranger Deluxe Ss maintains a decent resale value, typically retaining 60-70% of its initial cost after 3-4 years.
Are there any government subsidies or schemes available for purchasing commercial vehicles like the E Ranger Deluxe Ss?
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Occasionally, state governments or financial institutions offer schemes or subsidies for commercial vehicle purchases, especially for small businesses or rural transport initiatives.