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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Electeca Eco Pro EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.60L
Fuel Type
Electric
Motor
1000W electric motor
Finance
Electeca Eco Pro EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Electeca Eco Pro (₹1,60,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,380
Calculated on ₹1,12,000 loan at 10% for 5 years.
Down Payment
₹48,000
Loan Principal
₹1,12,000
Total Interest
₹30,800
Total Cost
₹1,90,800
Cost Breakup
Down Payment
₹48,000
Amount paid upfront before finance starts.
Loan
₹1,12,000
Interest
₹30,800
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,60,000
₹
₹0₹60,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹255 and you save ₹15,300 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,380) with lowest total interest.
Lender Comparison— ₹1,12,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,298 |
SBI | 8.75% | ₹0 | ₹2,312 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,331 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,339 |
Axis Bank | 9.5% | ₹3,500 | ₹2,353 |
* 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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Electeca Eco Pro Price FAQs
What is the ex-showroom price of the Electeca Eco Pro in India?
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The ex-showroom price of the Electeca Eco Pro in India generally ranges from ₹12.5 Lakhs to ₹14.0 Lakhs, depending on the specific variant and state policies.
How does the price of the Electeca Eco Pro vary across different cities like Delhi and Mumbai?
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The ex-showroom price of the Electeca Eco Pro can vary, for instance, it might be around ₹12.8 Lakhs in Delhi and approximately ₹13.2 Lakhs in Mumbai, largely due to differing state taxes and subsidies.
Are there any government subsidies available that reduce the price of the Electeca Eco Pro?
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Yes, buyers of the Electeca Eco Pro are eligible for FAME-II subsidies from the central government, along with potential state-specific incentives that significantly reduce the effective purchase price.
What is the on-road price of the Electeca Eco Pro including taxes and registration?
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The on-road price of the Electeca Eco Pro typically ranges from ₹13.5 Lakhs to ₹15.5 Lakhs, which includes ex-showroom price, RTO registration, insurance, and other applicable taxes, varying by location.
How does the initial price of the Electeca Eco Pro compare to a diesel equivalent?
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The initial price of the Electeca Eco Pro is generally higher than a comparable diesel truck; however, the long-term savings on fuel and maintenance make it a more economical choice over its lifespan.
Can I get financing options for the Electeca Eco Pro and how does it affect the overall price?
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Yes, various banks and financial institutions offer attractive financing options for the Electeca Eco Pro, which helps manage the upfront investment and spread the overall price through EMIs.
What is the price of the Electeca Eco Pro in Bangalore and Chennai?
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The ex-showroom price for the Electeca Eco Pro is approximately ₹13.5 Lakhs in Bangalore and around ₹13.0 Lakhs in Chennai, subject to local taxes and available subsidies.
Does the Electeca Eco Pro price include the battery, or is it a separate lease?
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The standard Electeca Eco Pro price typically includes the battery, offering a complete ownership package without the complexity of separate battery leasing arrangements.