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 Metro-101 EMI Calculator
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Eko Tejas Metro-101 (₹1,75,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹2,603
Down Payment₹52,500
Loan Principal₹1,22,500
Total Interest₹33,680
Total Cost₹2,08,680
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₹1,00,000₹1,75,000
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Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹478 and you save ₹28,680 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,603) with lowest total interest.
Lender Comparison— ₹1,22,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,514 |
SBI | 8.75% | ₹0 | ₹2,529 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,549 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,558 |
Axis Bank | 9.5% | ₹3,500 | ₹2,573 |
* 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 Metro-101 Price FAQs
What is the ex-showroom price of the Eko Tejas Metro 101 in India?
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The ex-showroom price of the Eko Tejas Metro 101 starts from approximately ₹11.5 Lakhs in India, offering excellent value for a truck in its 6.5-ton GVW segment.
What is the approximate on-road price of the Eko Tejas Metro 101 in Mumbai?
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The approximate on-road price for the Eko Tejas Metro 101 in Mumbai typically ranges from ₹13.0 Lakhs to ₹13.8 Lakhs. This includes RTO registration, insurance, and other state-specific charges.
What factors affect the final on-road price of the Eko Tejas Metro 101?
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The final on-road price of the Eko Tejas Metro 101 is influenced by state-specific RTO charges, insurance costs, optional accessories or body fabrications, and any prevailing promotional offers or discounts from dealers.
What is the estimated price of the Eko Tejas Metro 101 in Delhi?
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In Delhi, the estimated on-road price for the Eko Tejas Metro 101 is generally between ₹12.8 Lakhs and ₹13.5 Lakhs. This range accounts for local taxes and chosen insurance plans.
Does the Eko Tejas Metro 101 come with finance options, and how does that affect the total price?
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Yes, various finance options are available for the Eko Tejas Metro 101 through leading banks and NBFCs, which can spread the total acquisition price over manageable EMIs. While convenient, interest charges will add to the overall cost.
What is the price of the Eko Tejas Metro 101 in Bangalore?
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For Bangalore, the estimated on-road price of the Eko Tejas Metro 101 is typically around ₹13.2 Lakhs to ₹14.0 Lakhs. This higher range reflects Karnataka's specific registration and road tax structures.
Are there any government subsidies or schemes that can reduce the price of the Eko Tejas Metro 101?
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While direct product subsidies for the Eko Tejas Metro 101 are rare, buyers should inquire with their dealer about state-specific scrappage policies or finance schemes that might indirectly reduce the effective purchase price or offer tax benefits.
What is the Eko Tejas Metro 101's price in Chennai?
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The estimated on-road price for the Eko Tejas Metro 101 in Chennai ranges from ₹13.1 Lakhs to ₹13.8 Lakhs. This is comparable to other major metros due to similar tax structures and insurance considerations.
Is the maintenance cost included in the initial price of the Eko Tejas Metro 101?
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No, standard maintenance costs for the Eko Tejas Metro 101 are separate from the initial purchase price. However, customers can often opt for comprehensive service packages at an additional cost to cover routine servicing and extend warranty benefits.
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Eko Tejas Metro-101 EMI
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