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
Thukral Electric EC-4 EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.85L
Fuel Type
Electric
Motor
BLDC
Finance
Thukral Electric EC-4 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-4 (₹1,85,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,752
Calculated on ₹1,29,500 loan at 10% for 5 years.
Down Payment
₹55,500
Loan Principal
₹1,29,500
Total Interest
₹35,620
Total Cost
₹2,20,620
Cost Breakup
Down Payment
₹55,500
Amount paid upfront before finance starts.
Loan
₹1,29,500
Interest
₹35,620
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,85,000
₹
₹0₹85,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹627 and you save ₹37,620 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,752) with lowest total interest.
Lender Comparison— ₹1,29,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,657 |
SBI | 8.75% | ₹0 | ₹2,673 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,695 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,704 |
Axis Bank | 9.5% | ₹3,500 | ₹2,720 |
* 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-4 Price FAQs
What is the ex-showroom price of the new Ec 4 truck in India?
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The ex-showroom price of the Ec 4 truck in India typically ranges from ₹6.8 Lakhs to ₹7.5 Lakhs, depending on the variant and specific features chosen.
What factors influence the final on-road price of the Ec 4?
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The final on-road price of the Ec 4 includes the ex-showroom cost, RTO registration, mandatory insurance, and any applicable state taxes, which vary by location.
What is the estimated on-road price of the Ec 4 in Delhi?
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In Delhi, the on-road price for the Ec 4 typically falls between ₹7.6 Lakhs and ₹8.3 Lakhs, inclusive of all taxes, registration, and insurance costs.
What is the approximate on-road price of the Ec 4 in Mumbai?
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The on-road price of the Ec 4 in Mumbai is generally estimated to be between ₹7.8 Lakhs and ₹8.5 Lakhs, considering the higher local taxes and insurance charges in the region.
How does the Ec 4 price compare to similar trucks in its segment?
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The Ec 4 price is highly competitive, offering excellent value for money given its superior features, robust payload capacity, and impressive fuel efficiency compared to other trucks in its class.
Are there any financing options available for the Ec 4 truck price?
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Yes, various attractive financing options are available for the Ec 4, with loan schemes from leading banks and financial institutions to help buyers manage the overall purchase price effectively.
Does the Ec 4 price include any warranty?
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Yes, the standard Ec 4 price typically includes a comprehensive manufacturer's warranty, usually for 3 years or 100,000 km, whichever comes first, offering peace of mind.
What is the expected resale value of the Ec 4, influencing its overall ownership price?
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The Ec 4 is known for its strong build and reliability, leading to a good resale value that positively impacts the long-term ownership price for fleet operators and individual buyers alike.