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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Thukral Electric EC 1 EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.32L
Fuel Type
Electric
Motor
Electric Motor
Finance
Thukral Electric EC 1 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
Thukral Electric EC 1 (₹1,32,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,964
Calculated on ₹92,400 loan at 10% for 5 years.
Down Payment
₹39,600
Loan Principal
₹92,400
Total Interest
₹25,440
Total Cost
₹1,57,440
Cost Breakup
Down Payment
₹39,600
Amount paid upfront before finance starts.
Loan
₹92,400
Interest
₹25,440
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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₹1,32,000
₹
₹0₹32,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,964) with lowest total interest.
Lender Comparison— ₹92,400 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,896 |
SBI | 8.75% | ₹0 | ₹1,907 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,923 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,930 |
Axis Bank | 9.5% | ₹3,500 | ₹1,941 |
* 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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Thukral Electric EC 1 Price FAQs
What is the estimated starting price of the Thukral Electric Ec 1 in India?
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The ex-showroom starting price for the Thukral Electric Ec 1 is approximately ₹3,20,000, though this can vary by state and variant.
What factors influence the on-road price of the Thukral Electric Ec 1?
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The on-road price of the Thukral Electric Ec 1 includes ex-showroom price, RTO registration, insurance, and any state-specific subsidies or road tax.
Are there any government subsidies available for purchasing the Thukral Electric Ec 1?
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Yes, buyers of the Thukral Electric Ec 1 may be eligible for FAME-II subsidies and various state government incentives, which can reduce the effective price.
What is the approximate on-road price of the Thukral Electric Ec 1 in Delhi?
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In Delhi, after considering subsidies, the on-road price for the Thukral Electric Ec 1 can range from approximately ₹3,30,000 to ₹3,50,000, but it's best to check with local dealers.
How does the price of the Thukral Electric Ec 1 compare to other electric cargo three-wheelers?
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The Thukral Electric Ec 1 price is competitively positioned within the electric cargo three-wheeler segment, offering a strong value proposition.
What financing options are available for buying the Thukral Electric Ec 1?
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Various banks and financial institutions offer attractive loan schemes and EMI options for purchasing the Thukral Electric Ec 1, making the price more manageable.
What is the likely on-road price of the Thukral Electric Ec 1 in Mumbai?
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The on-road price for the Thukral Electric Ec 1 in Mumbai, factoring in state-specific taxes and subsidies, generally falls in the range of ₹3,40,000 to ₹3,60,000.
Does the price include the battery, or is it a separate cost for the Thukral Electric Ec 1?
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The mentioned price for the Thukral Electric Ec 1 typically includes the battery pack as a standard component of the vehicle.