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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Eicher Pro 2055 EV EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹27.00L
Fuel Type
Electric
Motor
Permanent Magnet Synchronous
Finance
Eicher Pro 2055 EV EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Eicher Pro 2055 EV (₹27,00,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹40,157
Calculated on ₹18,90,000 loan at 10% for 5 years.
Down Payment
₹8,10,000
Loan Principal
₹18,90,000
Total Interest
₹5,19,420
Total Cost
₹32,19,420
Cost Breakup
Down Payment
₹8,10,000
Amount paid upfront before finance starts.
Loan
₹18,90,000
Interest
₹5,19,420
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹27,00,000
₹
₹0₹26,00,000
%
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.
✓
Recommended: 5 Years
Balances affordable EMI (₹40,157) with lowest total interest.
Lender Comparison— ₹18,90,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹38,777 |
SBI | 8.75% | ₹0 | ₹39,005 |
ICICI Bank | 9.1% | ₹3,999 | ₹39,326 |
HDFC Bank | 9.25% | ₹3,500 | ₹39,464 |
Axis Bank | 9.5% | ₹3,500 | ₹39,694 |
* 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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Eicher Pro 2055 EV Price FAQs
What is the estimated ex-showroom price of the Eicher Pro 2055 Ev in India?
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The estimated ex-showroom price of the Eicher Pro 2055 Ev in India typically starts from around ₹15.5 Lakh to ₹17.5 Lakh, though this can vary based on specific configurations and local taxes. This competitive Eicher Pro 2055 Ev price makes electric trucking more accessible.
How does the Eicher Pro 2055 Ev price compare to its diesel counterparts?
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While the upfront Eicher Pro 2055 Ev price might be slightly higher than comparable diesel trucks, its significantly lower running and maintenance costs often lead to a lower total cost of ownership (TCO) over its lifespan. This makes the Eicher Pro 2055 Ev a smart long-term investment.
Are there any government subsidies available that affect the Eicher Pro 2055 Ev price?
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Yes, the Eicher Pro 2055 Ev price can be significantly influenced by various government subsidies, such as FAME II incentives, offered for electric vehicles in India. These subsidies reduce the effective purchase price of the Eicher Pro 2055 Ev for eligible buyers.
What is the on-road price of the Eicher Pro 2055 Ev in major Indian cities?
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The on-road price of the Eicher Pro 2055 Ev varies by city due to RTO charges, insurance, and state-specific taxes. For example, the on-road price of the Eicher Pro 2055 Ev in Delhi might range from ₹16.5 Lakh to ₹18.5 Lakh, while in Mumbai, it could be slightly higher due to different tax structures. In Bengaluru or Chennai, similar variations apply, typically starting from ₹17 Lakh.
Can I get financing options for the Eicher Pro 2055 Ev price?
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Yes, Eicher partners with various financial institutions to offer attractive financing options and loan schemes for the Eicher Pro 2055 Ev price. Customers can explore flexible EMIs and loan tenures to make purchasing the Eicher Pro 2055 Ev more manageable.
Does the Eicher Pro 2055 Ev price include charging infrastructure?
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The standard Eicher Pro 2055 Ev price typically includes an AC slow charger for home or depot charging, but fast DC charging infrastructure usually needs to be purchased separately or accessed via public charging networks. Eicher can guide you on suitable charging solutions for your Eicher Pro 2055 Ev.
What factors influence the final on-road price of the Eicher Pro 2055 Ev?
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The final on-road price of the Eicher Pro 2055 Ev is influenced by the ex-showroom price, state road tax, registration fees, insurance costs, and any optional accessories or body customization. Government subsidies also significantly impact the final Eicher Pro 2055 Ev price.
Is the Eicher Pro 2055 Ev price subject to GST?
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Yes, the Eicher Pro 2055 Ev price is subject to Goods and Services Tax (GST) in India, currently at 5% for electric vehicles, which is significantly lower than for ICE vehicles. This lower GST rate contributes to a more appealing Eicher Pro 2055 Ev overall cost.