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-Ashwa E School Van EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.20L
Fuel Type
Electric
Motor
BLDC Motor
Finance
E-Ashwa E School Van 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-Ashwa E School Van (₹1,20,000)
Credit Score
Select CIBIL Range
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-Ashwa E School Van Price FAQs
What is the E Ashwa E School Van price in India?
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The E Ashwa E School Van price in India typically starts from an ex-showroom price of around ₹9.5 Lakhs, though this can vary based on state subsidies, specific variants, and optional features. It represents excellent value for an electric school van.
What is the ex-showroom price of the E Ashwa E School Van?
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The ex-showroom price of the E Ashwa E School Van starts at approximately ₹9.5 Lakhs. This price is before taxes, registration, insurance, and any state-specific subsidies.
What is the estimated on-road price of the E Ashwa E School Van in major cities?
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The estimated on-road price of the E Ashwa E School Van in major cities can range from ₹10.5 Lakhs to ₹12.5 Lakhs, depending on local RTO charges, insurance, and applicable state EV subsidies. This makes the E Ashwa E School Van an accessible option for many operators.
Are there any government subsidies available for the E Ashwa E School Van price?
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Yes, several state governments in India offer attractive subsidies and incentives on the E Ashwa E School Van price as part of their EV promotion policies. These can significantly reduce the final purchase cost, making electric adoption more viable.
What financing options are available for purchasing the E Ashwa E School Van?
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Various financing options are available for purchasing the E Ashwa E School Van, including attractive loan schemes from leading banks and NBFCs. Our dealerships can assist you in finding the best financing solutions with competitive interest rates and flexible repayment plans.
What is the E Ashwa E School Van price in Delhi?
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The E Ashwa E School Van price in Delhi (ex-showroom) starts from approximately ₹9.5 Lakhs. With Delhi's robust EV policy, the on-road price after potential subsidies could be significantly lower, making it highly competitive.
What is the E Ashwa E School Van price in Mumbai and Bangalore?
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The E Ashwa E School Van price in Mumbai (ex-showroom) starts around ₹9.7 Lakhs, and in Bangalore, it is approximately ₹9.8 Lakhs (ex-showroom). On-road prices in these cities will vary based on local RTO charges and state-specific EV incentives.
How does the E Ashwa E School Van price compare to its diesel counterparts?
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While the initial E Ashwa E School Van price might be slightly higher than some entry-level diesel vans, its significantly lower running costs, maintenance, and potential subsidies lead to a much better total cost of ownership over its lifespan. This makes the E Ashwa E School Van a superior long-term investment.
What factors influence the final on-road price of the E Ashwa E School Van?
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The final on-road price of the E Ashwa E School Van is influenced by several factors, including the ex-showroom price, RTO registration charges, road tax, insurance premiums, and any state or central government subsidies applicable to electric vehicles. Dealer-specific offers can also play a role.