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-Sathi M.S. EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.20L
Fuel Type
Electric
Motor
Brushless Dc Motor
Finance
E-Sathi M.S. 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-Sathi M.S. (₹1,20,000)
Credit Score
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Auto-adjusts interest rate
Estimated Monthly EMI
₹1,785
Calculated on ₹84,000 loan at 10% for 5 years.
Down Payment
₹36,000
Loan Principal
₹84,000
Total Interest
₹23,100
Total Cost
₹1,43,100
Cost Breakup
Down Payment
₹36,000
Amount paid upfront before finance starts.
Loan
₹84,000
Interest
₹23,100
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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₹1,20,000
₹
₹0₹20,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,785) with lowest total interest.
Lender Comparison— ₹84,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,724 |
SBI | 8.75% | ₹0 | ₹1,734 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,748 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,754 |
Axis Bank | 9.5% | ₹3,500 | ₹1,765 |
* 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-Sathi M.S. Price FAQs
What is the on-road price range for the E Sathi M.s. in major Indian cities?
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The on-road price for the E Sathi M.s. typically ranges from INR 4.5 lakhs to 5.5 lakhs, varying by city, variant, and applicable taxes or RTO charges.
Are there different variants of the E Sathi M.s. available, and how do they differ in price?
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Yes, there might be subtle variants primarily differing in payload capacity or features. Prices vary slightly based on these specifications, offering options for different budgets and needs.
What are the typical EMI options available for purchasing the E Sathi M.s. truck?
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EMI options are readily available from various banks and financial institutions, often starting with down payments as low as 10-20%, with flexible repayment tenures.
What is the expected resale value of the E Sathi M.s. in the Indian market?
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The E Sathi M.s. generally holds a good resale value due to its robust build, reliability, and demand for commercial vehicles, making it a sound investment.
Are there any ongoing offers or discounts on the E Sathi M.s. currently?
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Discounts and promotional offers vary by dealership and season. It is advisable to check with local E Sathi M.s. showrooms for the latest schemes and financing options available.