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
Eko Tejas ICE-121 EMI Calculator
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Eko Tejas ICE-121 (₹2,20,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹3,273
Down Payment₹66,000
Loan Principal₹1,54,000
Total Interest₹42,380
Total Cost₹2,62,380
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₹1,00,000₹2,20,000
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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 (₹3,273) with lowest total interest.
Lender Comparison— ₹1,54,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹3,160 |
SBI | 8.75% | ₹0 | ₹3,179 |
ICICI Bank | 9.1% | ₹3,999 | ₹3,205 |
HDFC Bank | 9.25% | ₹3,500 | ₹3,216 |
Axis Bank | 9.5% | ₹3,500 | ₹3,235 |
* 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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Eko Tejas ICE-121 Price FAQs
What is the Eko Tejas Ice 121 price in India?
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The Eko Tejas Ice 121 price in India varies based on the variant, city, and any ongoing offers, typically starting from an attractive ex-showroom range. For the most accurate and current pricing, please check with your nearest dealer or visit TruckOnWheels.com.
Are there different variants of the Eko Tejas Ice 121 available at different price points?
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Yes, the Eko Tejas Ice 121 usually comes in different variants, which might include variations in payload capacity or cabin features, affecting the overall price. Each variant is designed to cater to specific business needs and budget considerations.
What financing options are available for the Eko Tejas Ice 121?
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Various financing options are available for the Eko Tejas Ice 121 from leading banks and financial institutions across India. You can get attractive loan schemes, low EMIs, and flexible repayment plans to help manage your purchase price effectively.
Does the Eko Tejas Ice 121 price offer good value for money?
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Absolutely, considering its competitive mileage, robust build, and strong performance, the Eko Tejas Ice 121 offers excellent value for money. Many buyers consider it a smart investment for their business, providing a great return on investment over time.
How does the Eko Tejas Ice 121 price compare to other small commercial vehicles?
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The Eko Tejas Ice 121 price in India is strategically positioned to be highly competitive within the small commercial vehicle segment. It offers a compelling package of features and efficiency at a very attractive price point compared to its rivals, giving it an edge.
What is the on-road price of the Eko Tejas Ice 121 in major Indian cities?
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The on-road price of the Eko Tejas Ice 121 includes ex-showroom price, RTO charges, insurance, and other local taxes, which vary by city and state. For precise on-road price details in your city, contact a local dealership or visit our website for an estimate.
Are there any ongoing discounts or offers on the Eko Tejas Ice 121 price?
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Dealers often run promotional offers or discounts on the Eko Tejas Ice 121 price, especially during festive seasons or year-end sales. It’s always recommended to inquire about current offers to get the best deal for this excellent small commercial vehicle and maximize your savings.
What is the estimated EMI for purchasing the Eko Tejas Ice 121?
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The estimated EMI for the Eko Tejas Ice 121 depends on the loan amount, interest rate, and repayment tenure, which typically ranges from 1 to 5 years. Many financing calculators are available online, or you can consult with dealers to get a personalized EMI plan for your purchase.
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Eko Tejas ICE-121 Brochure
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Finance
Eko Tejas ICE-121 EMI
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