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.
Truck loan planning
E-Trio eLCV EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹8.25L
Fuel Type
Electric
Motor
30 KW High Efficiency motor
Finance
E-Trio eLCV 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-Trio eLCV (₹8,25,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹12,271
Calculated on ₹5,77,500 loan at 10% for 5 years.
Down Payment
₹2,47,500
Loan Principal
₹5,77,500
Total Interest
₹1,58,760
Total Cost
₹9,83,760
Cost Breakup
Down Payment
₹2,47,500
Amount paid upfront before finance starts.
Loan
₹5,77,500
Interest
₹1,58,760
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹8,25,000
₹
₹0₹7,25,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹12,271) with lowest total interest.
Lender Comparison— ₹5,77,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹11,849 |
SBI | 8.75% | ₹0 | ₹11,919 |
ICICI Bank | 9.1% | ₹3,999 | ₹12,016 |
HDFC Bank | 9.25% | ₹3,500 | ₹12,059 |
Axis Bank | 9.5% | ₹3,500 | ₹12,129 |
* 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-Trio eLCV Price FAQs
What is the ex-showroom price of the E Trio Elcv in India?
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The ex-showroom price of the E Trio Elcv varies by city and variant. It is competitively priced to offer an affordable entry into electric commercial transport.
What is the on-road price of the E Trio Elcv after taxes and registration?
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The on-road price includes ex-showroom price, RTO charges, insurance, and other levies. This varies greatly by state and specific variant chosen.
Are there different variants of the E Trio Elcv available?
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Yes, the E Trio Elcv typically comes in a few variants, possibly differing in battery capacity, payload, or loading deck configurations to suit various business needs.
What are the EMI options and financing schemes available for the E Trio Elcv?
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Several banks and financial institutions offer attractive EMI options and financing schemes, making the E Trio Elcv accessible with flexible repayment plans for businesses.
What is the expected resale value of the E Trio Elcv?
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As electric vehicle technology matures, the resale value is expected to be good, especially given the low running costs and increasing demand for commercial EVs.