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.
Finance
Eicher Pro 3018 EMI Calculator
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Eicher Pro 3018 (₹26,20,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹38,968
Down Payment₹7,86,000
Loan Principal₹18,34,000
Total Interest₹5,04,080
Total Cost₹31,24,080
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₹1,00,000₹26,20,000
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₹0₹25,20,000
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Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹38,968) with lowest total interest.
Lender Comparison— ₹18,34,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹37,628 |
SBI | 8.75% | ₹0 | ₹37,849 |
ICICI Bank | 9.1% | ₹3,999 | ₹38,160 |
HDFC Bank | 9.25% | ₹3,500 | ₹38,294 |
Axis Bank | 9.5% | ₹3,500 | ₹38,518 |
* 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 3018 Price FAQs
What is the approximate on-road price of the Eicher Pro 3018 in India?
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The Eicher Pro 3018 typically ranges from 24.50 Lakh to 27.50 Lakh ex-showroom, with on-road prices varying by state, taxes, and RTO charges.
Does the Eicher Pro 3018 come in different variants or chassis options?
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Yes, it offers multiple wheelbase variants and chassis options to suit different load body requirements and application-specific configurations for buyers.
What would be a typical EMI for purchasing an Eicher Pro 3018?
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A typical EMI could range from Rs 45,000 to Rs 55,000 per month, depending on the down payment, loan tenure, interest rates, and specific variant chosen.
How does the resale value of the Eicher Pro 3018 fare in the Indian market?
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The Eicher Pro 3018 generally holds a good resale value due to its reputation for reliability, fuel efficiency, and strong demand in the used commercial vehicle market.
What are the factors that influence the final on-road price of the Eicher Pro 3018?
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Factors include state road tax, registration fees, insurance costs, chosen variant, additional accessories, and any prevailing dealer offers or discounts.
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Finance
Eicher Pro 3018 EMI
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