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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EBUZZ Passenger E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹2.15L
Fuel Type
Electric
Motor
Brushless Dc Motor
Finance
EBUZZ Passenger 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
EBUZZ Passenger E-Rickshaw (₹2,15,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹3,198
Calculated on ₹1,50,500 loan at 10% for 5 years.
Down Payment
₹64,500
Loan Principal
₹1,50,500
Total Interest
₹41,380
Total Cost
₹2,56,380
Cost Breakup
Down Payment
₹64,500
Amount paid upfront before finance starts.
Loan
₹1,50,500
Interest
₹41,380
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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₹2,15,000
₹
₹0₹1,15,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹3,198) with lowest total interest.
Lender Comparison— ₹1,50,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹3,088 |
SBI | 8.75% | ₹0 | ₹3,106 |
ICICI Bank | 9.1% | ₹3,999 | ₹3,132 |
HDFC Bank | 9.25% | ₹3,500 | ₹3,143 |
Axis Bank | 9.5% | ₹3,500 | ₹3,161 |
* 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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EBUZZ Passenger E-Rickshaw Price FAQs
What is the estimated on-road price of the Ebuzz Passenger E Rickshaw in India?
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The on-road price typically ranges from INR 1.25 Lakh to INR 1.75 Lakh, varying based on city, battery type, and specific features or subsidies available at the time of purchase.
Are there different variants or models available for the Ebuzz Passenger E Rickshaw?
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Yes, usually minor variations exist, primarily concerning battery capacity (lead-acid vs. lithium-ion), motor power, or optional accessories, affecting the overall cost and performance.
Can I purchase the Ebuzz Passenger E Rickshaw on an EMI or finance plan?
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Yes, most dealerships offer financing options through banks or NBFCs. EMIs can make the purchase more affordable, requiring a down payment and subsequent monthly installments.
What is the resale value like for a used Ebuzz Passenger E Rickshaw?
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Resale value depends on battery condition, overall vehicle maintenance, and age. Well-maintained e-rickshaws with good batteries generally command a decent resale price in the used market.
Are there any government subsidies or incentives available for purchasing an Ebuzz Passenger E Rickshaw?
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Some state governments offer subsidies or incentives for electric vehicles, including e-rickshaws, to promote green transportation. It's advisable to check local policies for current benefits.