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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Ashavshakti E Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.14L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Ashavshakti E Rickshaw 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
Ashavshakti E Rickshaw (₹1,14,000)
Credit Score
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Auto-adjusts interest rate
Estimated Monthly EMI
₹1,696
Calculated on ₹79,800 loan at 10% for 5 years.
Down Payment
₹34,200
Loan Principal
₹79,800
Total Interest
₹21,960
Total Cost
₹1,35,960
Cost Breakup
Down Payment
₹34,200
Amount paid upfront before finance starts.
Loan
₹79,800
Interest
₹21,960
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,14,000
₹
₹0₹14,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,696) with lowest total interest.
Lender Comparison— ₹79,800 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,638 |
SBI | 8.75% | ₹0 | ₹1,647 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,661 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,667 |
Axis Bank | 9.5% | ₹3,500 | ₹1,676 |
* 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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Ashavshakti E Rickshaw Price FAQs
What is the Ashavshakti E Rickshaw price in India?
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The Ashavshakti E Rickshaw price in India generally starts from approximately INR 1.10 Lakh (ex-showroom), depending on the specific model and battery configuration.
What factors influence the final Ashavshakti E Rickshaw price?
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The final Ashavshakti E Rickshaw price is influenced by battery type (lead-acid vs. lithium-ion), additional features, regional taxes, and any government subsidies applicable at the time of purchase.
What is the Ashavshakti E Rickshaw price in Delhi?
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In Delhi, the Ashavshakti E Rickshaw price typically ranges from INR 1.15 Lakh to INR 1.40 Lakh (ex-showroom), with potential variations based on state subsidies.
What is the Ashavshakti E Rickshaw price in Mumbai?
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The Ashavshakti E Rickshaw price in Mumbai can be found between INR 1.20 Lakh and INR 1.45 Lakh (ex-showroom), with additional charges for RTO and insurance.
What is the Ashavshakti E Rickshaw price in Bangalore?
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For Bangalore, the Ashavshakti E Rickshaw price usually starts from INR 1.18 Lakh and goes up to INR 1.42 Lakh (ex-showroom), before local taxes and registration.
Does the Ashavshakti E Rickshaw price include battery?
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Yes, the listed Ashavshakti E Rickshaw price typically includes the standard lead-acid battery pack, making it a complete package for immediate operation.
Are there financing options available for the Ashavshakti E Rickshaw price?
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Absolutely, we offer flexible financing options from leading banks and NBFCs to help make the Ashavshakti E Rickshaw price more accessible for aspiring owners.
Is there a separate Ashavshakti E Rickshaw price for the cargo variant?
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Yes, the cargo variant of the Ashavshakti E Rickshaw has a slightly different price, which you can obtain by contacting your nearest authorized dealer for exact figures.