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 2118 EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹15.19L
Fuel Type
Diesel
Power
160 hp
Finance
Eicher Pro 2118 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 2118 (₹15,19,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹22,592
Calculated on ₹10,63,300 loan at 10% for 5 years.
Down Payment
₹4,55,700
Loan Principal
₹10,63,300
Total Interest
₹2,92,220
Total Cost
₹18,11,220
Cost Breakup
Down Payment
₹4,55,700
Amount paid upfront before finance starts.
Loan
₹10,63,300
Interest
₹2,92,220
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹15,19,000
₹
₹0₹14,19,000
%
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 (₹22,592) with lowest total interest.
Lender Comparison— ₹10,63,300 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹21,816 |
SBI | 8.75% | ₹0 | ₹21,944 |
ICICI Bank | 9.1% | ₹3,999 | ₹22,125 |
HDFC Bank | 9.25% | ₹3,500 | ₹22,202 |
Axis Bank | 9.5% | ₹3,500 | ₹22,332 |
* 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 2118 Price FAQs
What is the estimated Eicher Pro 2118 truck price in India?
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The estimated Eicher Pro 2118 truck price in India typically starts from around ₹22 Lakhs to ₹25 Lakhs (ex-showroom). This price can vary based on the specific variant, load body configuration, and regional taxes. It offers excellent value for a truck in its medium-duty segment.
Do different variants of the Eicher Pro 2118 have different prices?
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Yes, different variants of the Eicher Pro 2118, which might include different wheelbases, load body lengths, or cabin types, will have varying prices. Higher specifications or specialized configurations will naturally reflect a different ex-showroom price. It's best to consult a dealer for exact pricing on your preferred variant.
What factors influence the final Eicher Pro 2118 price on-road?
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The final Eicher Pro 2118 on-road price is influenced by several factors beyond the ex-showroom cost. These include RTO registration charges, insurance costs, road tax, and any optional accessories or additional fitments. Prices also vary slightly by state due to different tax structures in India.
Are there financing options available for purchasing the Eicher Pro 2118?
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Absolutely, there are numerous financing options available for purchasing the Eicher Pro 2118. Most banks and financial institutions offer commercial vehicle loans with competitive interest rates and flexible EMI plans. TruckOnWheels can also help you connect with reliable financing partners.
How does the Eicher Pro 2118 price compare to similar trucks in its segment?
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The Eicher Pro 2118 price is highly competitive within the 18-tonne GVW medium-duty truck segment in India. While some trucks might have a lower initial cost, the Pro 2118's superior mileage and lower maintenance contribute to a very attractive total cost of ownership. It's seen as a smart investment.
Is the Eicher Pro 2118 a value-for-money commercial vehicle?
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Definitely, the Eicher Pro 2118 is considered an excellent value-for-money commercial vehicle. Its blend of high performance, exceptional fuel efficiency, robust build, and driver comfort makes it a profitable asset for any business. The long-term savings often outweigh the initial truck price.
What is the typical down payment required for an Eicher Pro 2118?
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The typical down payment required for an Eicher Pro 2118 can range from 10% to 30% of the on-road price, depending on the financier and the buyer's credit profile. Many financing schemes offer flexible down payment options to make purchasing easier. Discuss with your lender for specific terms.